Default Account Setup of Intercompany Solution
The Default Accounts Setup window enables you to define the default accounts that are used when posting interbranch transactions. You must choose accounts that are defined as All Currencies accounts in the chart of accounts.
Note
- This setup must be performed in all branch companies.
- This setup is used by the G/L allocation and A/P service invoice allocation features.
To display the Default Accounts Setup window, in the SAP Business One Main Menu, choose Administration → Setup → Intercompany → Default Accounts Setup.
Default Accounts Setup Window
|
Field |
Description |
|
Default Expense Account |
Define a default expense account to be used in the following scenario: When posting G/L allocations to an account that is being credited, a reciprocal journal voucher that credits the due to account and debits the default expense account is created in the receiver system. The default expense account is only used by the system in case a specific account has not been defined in the Default Account by Profit & Loss or Default Account by Balance Sheet. Press TAB to display a list of G/L accounts and choose the required account. |
|
Default Income Account |
Define a default income account to be used in the following scenario: When posting G/L allocations to an account that is being debited, a reciprocal journal voucher that debits the due from account and credits the default income account is created in the receiver system. The default income account is only used if a specific account has not been defined in the Default Account by Profit & Loss or Default Account by Balance Sheet. Press TAB to display a list of G/L accounts and choose the required account. |
|
Default Rounding Account |
Define a default account to be used for rounding differences in G/L allocation postings. Press TAB to display a list of G/L account and choose the required account. |
|
Maximum Rounding Amt. |
Specify the maximum amount permitted as a rounding difference when posting G/L allocations. |
|
Default Credit Card Account |
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