Professional Documents
Culture Documents
Financial Basics
SAP Business One, Version 9.3
PUBLIC
Objectives
You are implementing SAP Business One at a new customer, OEC Computers:
Maria asks about the way SAP Business One handles the financial accounting
processes.
She wants to make sure she understands the big picture so she can report on
business results.
System Configuration
Master data
Warehouse management
Inbound Outbound Marketing &
Purchasing Service
logistics logistics Sales
Production
Financial controlling
Standard
Sales Incoming
Sales Order Delivery A\R Invoice Deposit
Quotation Payment
Standard
Sales Incoming
Sales Order Delivery A\R Invoice Deposit
Quotation Payment
Sales
Sales Order Delivery A\R Invoice
Quotation
Debit Credit
Customer
105
account
Tax account 5
Revenue
100
account
© 2018 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC 7
The Account Balance
Customer
Debit Credit Origin
XXXX7
Account
700 Debit
Balance
Bank Account,
Assets ▲ Accounts ▼
Balance Sheet
Receivable
Accounts
Accounts
Liabilities ▼ ▲
Payable
Rent,
▲ ▼
Accounts
Expenses
Electricity
Sales
Revenues ▼ ▲
Revenue
A\R Invoice
Debit Credit
Customer
440
account
Revenue
440
account
A\R Invoice
Debit Credit
Customer
440
account
Revenue
440
account
The account balance represents: • The difference between the total debit
transactions and the total credit transactions
recorded for that account.
In each journal entry: • A certain account increases value and another
decreases value
• The debit side and the credit side balance.
Assets, Expenses, and Drawings • Debit
accounts are generally in: