accounts

[Former Member]

hi all,

please anyone suggest me that which type of account is used to map with the

"sales credit account and purchase credit account " for any company in g/l determination.

and what does these account stand for.

regards

ashish

[jitin_chawla · Accepted solution]

Hi Ashish,

You can check the documentation on [How to Determine G/L Accounts|https://websmp201.sap-ag.de/~form/sapnet?_FRAME=CONTAINER&_HIER_KEY=701100035871000437965&_OBJECT=011000358700001205442006E&_SCENARIO=01100035870000000183&]

Page No. 7 explains about the Sales Credit Account and Page No. 9 about the Purchase Credit Account.

Check the document if it is of help to you.

Regards,

Jitin

SAP Business One Forum Team

[Former Member]

These would usually be mapped to the same accounts as the sales revenue & purchase expense accounts

[Former Member]

Hi

Sales Credit Account

Select a control account to be used as the default when a credit transaction of revenue is created, for example, an A/R credit memo.

(A/R Credit Memo Revenue Account)

Purchase Credit Account

Select a control account to be used as default when a credit transaction for purchasing is created, for example, an A/P credit memo.

(A/P Credit Memo Account for Purchases of Non-Stocked Items)

Please check B1AIP20 - Business Blueprint.doc

Regards

Rashid.