What is 'account determination' in SAP LOD-TEM - Travel OnDemand?

account determination - Overview

• Component: LOD-TEM

• Component Name: Travel OnDemand

• Description: The process of assigning a G/L account to each expense type, or assigning a G/L or other account to each credit card issuer.

account determination - Details

• 
  Key Concepts: 
  Account determination is a feature of the LOD-TEM Travel OnDemand component of SAP software. It allows users to define the accounts that should be used for different types of transactions. This helps to ensure that all transactions are properly accounted for and that the financial records are accurate. 
  
  How to use it: 
  Account determination can be set up in the SAP system by defining the accounts that should be used for different types of transactions. This can be done by creating a chart of accounts and assigning each account to a specific type of transaction. Once this is done, the system will automatically use the appropriate account when a transaction is entered. 
  
  Tips & Tricks: 
  When setting up account determination, it is important to ensure that all accounts are properly defined and assigned to the correct type of transaction. This will help to ensure that all transactions are properly accounted for and that the financial records are accurate. 
  
  Related Information: 
  For more information on account determination, please refer to the SAP documentation or contact your SAP support team.