SAP Business One Certification Practice Exam

If an accountant wants to define a set of default accounts for business partner groups, which method should they use?

1. Standard G/L Account determination window

2. Basic Account Setup

3. Advanced G/L account determination window

4. Account Group assignment

The correct answer is: Advanced G/L account determination window

To define a set of default accounts for business partner groups in SAP Business One, the most appropriate method is through the Advanced G/L account determination window. This feature allows accountants to set detailed account allocation based on various criteria, including business partner groups. The Advanced G/L account determination window provides flexibility and granularity in defining accounts for transactions involving different business partners. It enables the configuration of multiple scenarios based on specific conditions, offering a strategic approach to financial management and reporting. In contrast, the Standard G/L Account determination window is more general in nature and does not provide the same level of customization specific to business partner groups. The Basic Account Setup is even more simplified and does not cater well to the needs of specific group arrangements. The Account Group assignment primarily focuses on categorizing accounts rather than directly linking them to specific business partner groups for default account settings. Thus, using the Advanced G/L account determination window is the most effective way for an accountant to ensure that default accounts are accurately assigned and managed for different business partner groups.