SAP Business One - Financial Management

Tags: SAP Business One, SAP b1, SAP Business One 9.1, SAP Business One 9.2, SAP Business One HANA

 

SAP Business One

Delivers fully integrated financials and banking functionality.

This delivers complete, across-the board tracking, management, reporting, and control of all key financial and accounting processes that accelerate every financial close with central monitoring and streamlined, standardised, automated cycles.

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SAP Business One - Accounting

Handle all your financial transactions - including general ledger, journal entries, budgeting, and account setup and maintenance - in one system, with comprehensive tools and reports.Accounting - The chart of accounts indexes all general ledger accounts that are used by one or more companies. A chart-of-accounts template is available for every country. You can also use this template to define individual charts of up to 10 segments if desired.

SAP Business One - Journal Entries

Journal entries are posted automatically from the sales, purchasing, and banking function’s allowing you to create new journal entries and search for existing ones.

SAP Business One - Journal Vouchers

You can save multiple manual journal entries and process them simultaneously, allowing verification of the postings before they are entered in the general ledger.

SAP Business One - Posting Templates

You can define general ledger account assignment models, saving time and avoiding mistakes during the manual posting of journal entries.

SAp Business One - Recurring postings

You can define your own postings for regular execution in accounting and specify a frequency for each recurring posting.

SAP Business One - Reversing journals

Reversals of specified postings occurs on the first day of the following calendar month, but you can specify a different reversing date for each posting.

SAP Business One - Exchange rate differences

You can evaluate your open items in foreign currencies, then identify differences and choose the appropriate correction transaction.

SAP Business One - Financial Templates

You can generate any number of financial report templates.

SAP Business One - Budgets

You can define and manage budgets on existing accounts to compare actual and planned figures. The software alerts you whenever a transaction exceeds a monthly or annual budget limit.

SAP Business One - Cost Centers

You can define different profit centers or departments and allocate the revenue and cost accounts to a predefined profit center in the chart of accounts.

SAP Business One - GL Distributions

You can define different distribution rules to characterize business activities and then allocate a revenue or cost account to the corresponding distribution rule.

SAP Business One - Cost Center reports

Reports are based on revenues and costs, both direct and indirect. You can run reports for any profit center annually or monthly to compare the results with figures for the previous period.