Account

Accounts
Create accounts using Financial Management ! Configuration ! Financial Accounting ! Financial Accounts ! List of Accounts and then clicking the New button. You need accounts to handle the purchase and sales orders that haven’t yet been paid, two more for the receipt and shipping of goods, and one for the payment and receipt of funds. And one ‘organizing’ account that’s just a view of the other five. So you’ll need the following six accounts, one of which is shown in New Account.