Netting and creditors with debit balances are two concepts used in finance to offset debts and receivables between companies. We will look at when this makes sense and what makes them different.
Read MoreThe SAP Business One posting periods
SAP Business One posting periods play an important role in finance. They facilitate the organisation, recording and documentation of the financial transactions of a period. This article explains posting periods in SAP Business One, how they work and the benefits they offer, and how to edit them in SAP B1.
Read MoreBetter SAP Business One booking texts
When talking about SAP Business One posting texts, many experienced users think of
Read MoreVersino Financial Suite (DATEV ADDON) – More than you think
Initially, “only” a bidirectional interface to DATEV finance was planned. When we came into contact with more and more users from the finance department of SAP Business One through this development, the ideas came and the interface became the Versino Financial Suite.
Read MoreBalance confirmation in SAP Business One
Checking business partners for their correct amount. This task can be automated with the Versino Financial Suite.
Read MoreNo GoBD without process documentation
All companies today have to observe the GoBD-compliant storage of certain documents. Proper archiving alone is not enough. Procedure documentation must state which specific measures and procedures are to be taken.
Read MoreMore key figures transparency in the ERP system
Many companies hope to achieve more transparency in their key figures by introducing ERP software. However, it only becomes clearer if a few steps are followed beforehand.
Read MoreQuick start to finance
A new reference book on SAP Business One (B1) has been published. At “Quick start in SAP Business One ? Finance” all functions of financial accounting are dealt with. It is about the basics as well as the special tools for financial management of the SAP ERP software.
Read MoreAccounting for startups
At the beginning there is the outstanding idea and/or the unique selling proposition that promises big profits. After founding the startup, the focus is then on acquiring customers and refining the business model and generating revenue. What carries all these activities and ultimately decides on success or failure are, in the end, the finances.
In order to keep these under control as a founder, regulated accounting is required for startups.
The finance module - heart of the ERP software
The finance module of an ERP software is the component that houses almost all of the most important accounting and financial management functions of a company within the ERP software
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