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sap business one account nature

esammo
Discoverer
0 Kudos

in sap business one. I have created an account under Asset drawer. how does the journal entry 

will identify the new account whether it was debit (Asset account) or a credit account (Liability). was it the drawer that grant this information to the new account or something hard-coded behind the scene. I didn't get it. am not an accountant but am trying to learn what goin on in the proper way.

 

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Maya_Shiff
Product and Topic Expert
Product and Topic Expert

In addition to @Joselito 's answer, I can also recommend chapter 3: "The Basics of Financial Accounting" in SAP Business One To Go manual