What is One-time account in SAP SBO - SAP Business One?

SAP Term: One-time account

• Component: SBO

• Component Name: SAP Business One

• Description: An account managed for business partners with whom business is carried out only one time or rarely. If the flag for one-time account is set, several business partners can share one account.

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• Key Concepts: 
  A one-time account is a type of account in SAP Business One (SBO) that is used to record a single transaction. It is not intended for long-term use and is typically used for transactions that are not expected to occur again. Examples of one-time accounts include customer deposits, vendor refunds, and other miscellaneous transactions. 
  
  How to Use it: 
  To create a one-time account in SBO, go to the Accounts tab and select “Create One-Time Account”. Enter the necessary information such as the account name, type, and currency. Once the account is created, it can be used to record transactions. 
  
  Tips & Tricks: 
  When creating a one-time account, make sure to select the correct type of account (e.g., customer deposit or vendor refund). This will ensure that the transaction is recorded correctly in SBO. Additionally, it is important to enter all relevant information such as the currency and exchange rate when creating the account. 
  
  Related Information: 
  For more information on one-time accounts in SBO, please refer to the SAP Business One User Guide or contact your local SAP representative.