You have a requirment to create Workflow Rule for Accounts to get notification when a change is made to the Accounts master data.
Reproducing the Issue
1. Go to the Application and User Management work center
2. Select Workflow Rules view
This feature is not available in the current release of SAP Business ByDesign. This will be available in one of the future releases SAP Business ByDesign.
KBA , SRD-CC , Cross Components , How To