General Ledger is at the center of almost everything that you do inside the SAP Business One system. Every transaction with some kind of accounting impact ends up - in some shape or form - in the General Ledger.

Our Subject Matter Expert, Richard Duffy, gives an overview of this "important area to get right" with a basic introduction to the General Ledger and the Chart of Accounts in the latest installment for our 15-Minute Fundamentals video series for basic training and usability tutorials.

Topics & Timestamps | Video Summary

• Introduction
• About the Chart of Accounts (2:00)
  • How do I structure my Chart of Accounts? (2:35)
  • About the G/L Account
  • G/L Account Details
    • External Codes (7:25)
    • Currency
    • Confidential
    • Drill down to see Account Balance (8:50) - Sample video below
  • G/L Account Properties (10:20)
• Edit Chart of Accounts
  • Adding Accounts (11:30)
  • Deleting Accounts (12:25)
  • Moving Accounts (13:05)
• Settings Setup and Configuration (14:55)
  • Account Segmentation Setup
  • Department Segment Codes
  • Account Code Generator
• Additional Functionality (17:25)
  • Budget Setup
  • Cost Accounting (19:15)
    • Dimensions
    • Distribution Rules
  • Financial and Accounting Reports - Related video: Financial Reporting Basics

Sample Video | Drill Down to See Account Balance