Personal accounts in SAP Business One 2007 B

[Former Member]

hello

One of my client wants the following possibility in system

Client wants to manage their personal accounts in system.He(client) total 11 personal accounts out of which 7 are money lender accounts where they take money from lenders as loan and pay with interest.

Thanks

Shruti

[Former Member]

If the 11 personal accounts which your client has are part of his business for which SAP B1 is used, then you can configure those G/Ls in same SAP database.

If these accounts are not part of his business, then you can create another company and configure these G/L's

[Former Member]

Hi ,

Try to create new GL and check with confidential mark.

Try on test database.

Thanks

Kevin

[Former Member]

Hi Shruti,

If those personal accounts are not parts of business, it is better handled in a test environment. Otherwise, your financial results will be wrong.

Thanks,

Gordon

[marcella_rivi]

Dear Shrutiarora,

If I understood correctly your customer has taken out loans for personal reasons and he wants to add accounts in SAP Business One in order to control the installments and the interests s/he has to pay back (but the software has been used so far for the company)

Am I correct?

If he wants to use Business One for personal reasons it can create issues when the reports are calculated for the company and also this can cause an issue with the auditors.

I do not think this is possible.

If I have not understood the situation correctly, please give us more details.

Thank you.

Regards,

Marcella Rivi

SAP Business One Forums Team