What is 'active account' in SAP SBO - SAP Business One?

active account - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: An account in the chart of accounts to which journal entries are posted. Accounts can be defined in the chart of accounts as either a title or an active account.

active account - Details

• 
  Key Concepts: 
  An active account in SAP Business One (SBO) is an account that is currently in use and can be used to record financial transactions. It is a type of ledger account that is used to track the financial activities of a business. 
  How to Use It: 
  Active accounts are used to record all financial transactions, such as sales, purchases, payments, and receipts. They are also used to track the balance of each account and the overall financial position of the business. To create an active account in SBO, go to the “Accounts” tab in the main menu and select “Create New Account”. Enter the required information and click “Save”. 
  
  Tips & Tricks: 
  When creating an active account in SBO, it is important to ensure that all information is accurate and up-to-date. This will help ensure that all financial transactions are accurately recorded and tracked. Additionally, it is important to regularly review active accounts to ensure that they are still in use and up-to-date. 
  
  Related Information: 
  For more information on active accounts in SBO, please refer to the SAP Business One User Guide or contact your local SAP representative.