Chapter 9: Create, Access and Setup your

Workshop Company

 Create and set up the Workshop company prerequisites

 Setup the General Ledger for the Workshop company
 Set up Inventory management module for the Workshop company
 Setup Purchasing and Accounts payable modules for the Workshop company
 Set up Sales and Marketing and Accounts receivable modules for the Workshop
company
Create and set up the Workshop company
prerequisites

 Create the Legal entity

 Name: Your name company
 Company: your initials
 Country/region: USA
 Time zone
 Language
 Run the Number sequence wizard and accept the defaults
Setup the General Ledger for the Workshop
company

 Ledger – select the Shared resources already created

 Chart of Account
 Fiscal calendar
 Account structure: double click the available structure
 Accounting currency
 Reporting currency
 Accounts for Automatic transactions – click the Create default types button
 Set the Financial batch transfer mode to Synchronous
Set up Inventory management module for the
Workshop company

 Create:
 A Site
 Warehouses
 Item group with Posting accounts
 Item model group
 BOM journal and Arrival journal
 Fallback warehouse
 Cost group, Calculation group, Costing version
 Set Inventory management Parameters
Setup Purchasing and Accounts payable
modules for the Workshop company

 Create:
 A Vendor posting profile
 A Vendor group
 Mode of delivery
 Charges codes
 Vendors
 Set Account payable Parameters
 Set Procurement and sourcing Parameters
Set up Sales and marketing and Accounts
receivable modules for the Workshop
company
 Create
 A Customer posting profile
 A Customer group
 Charges codes
 Set Accounts receivables Parameters
 Set Sales and marketing Parameters