Step by stey guide to create a SOB

Step by step to create a Set of Book ( SOB )

1.Define Chart of Account

Setup >> Financial >> Flexfields >> Key >> Segments

Click >> Segments

Define your COA structure and Value Set , Click >> Value Set

Assign your Value Set with your COA Stucture

Assign Flexfield Qualifier ( minimal you must assign Balancing Segment and Natural Account )

Don't forget to tick Freeze Flexfield Definition

2. Define Calendar

Setup >> Financial >> Calendars >> Accounting

3. Enable currency that you want to use

4. Define your SOB

Setup >> Financial >> Books >> Define

5. Go to Sysadmin

Attach your new SOB to your site and Responsibility

Setup >> Profile >> System