Chart Of Account Explained! (Simplified)

Hi There!

When working as a developer for an ERP or accounting package, it is essential for you to have at least a VAGUE comprehension into basic accounting principals. This is why I have taken the time to create this Chart Of Account guide for the layman.

Maybe, just maybe this will help you understand 5% of what the next Accountant or controler is talking about if when you are asked to create a new Profit&Loss Statement or budget module.

Originally posted on b1tech.tips Blog : http://www.b1tech.tips/2015/04/sap-business-one-chart-of-account.html