SAP Business One Certification Practice Exam

Must new values be defined for each period in the G/L Account Determination window?

1. True

2. False

3. Only for the first period

4. Only for manually created entries

The correct answer is: False

In SAP Business One, the G/L Account Determination window is designed to facilitate the mapping of specific transactions to appropriate general ledger accounts. It is not necessary to define values for each period because the system can utilize the same configurations for all periods unless there is a specific need or change in the accounting approach that warrants different values. By default, once the mapping is established in the G/L Account Determination, it applies across all periods. This aspect simplifies the process for users since it reduces the administrative burden of having to replicate account determinations for each new fiscal period. Therefore, it is sufficient to set these values once unless modifications are needed, thereby allowing consistency and efficiency in accounting practices. Period-specific account determinations would typically only be required in exceptional circumstances, such as significant changes in business operations or compliance requirements affecting account assignments. Thus, the statement that new values do not need to be defined for each period is accurate, supporting the understanding that one set of values will generally suffice for ongoing accounting operations.