HGB and IFRS pursue different objectives and approaches in accounting. While the HGB focuses on prudence, creditor protection and a close connection to tax law, IFRS emphasises shareholder value and a more optimistic, future-oriented presentation. These differences have a major influence on how companies present and value their financial results and positions. In a globalised business world, IFRS offers a more standardised and internationally comparable information basis, which is particularly advantageous for globally active companies and their investors. SAP Business One offers advanced functions to fulfil the requirements of both local HGB and IFRS and supports companies in overcoming the systematic challenges of IFRS.
Read MoreManage SAP Business One access rights
The administration of SAP Business One access rights plays a central role. This can quickly become a challenging aspect of SAP B1 management,
Read MoreUpdates for SAP Business One 10.0 SP 2311
SAP Business One 10.0 SP 2311 is here and brings several new features and improvements that make working with SAP Business One even more efficient and user-friendly. Here are the most important highlights:
Read MoreSAP Business One: User Authentication
In an increasingly insecure world of business software, identity and authentication have become key elements. With a multitude of cyber threats and the constant need to increase efficiency, SAP Business One has made remarkable progress in this regard
Read MoreUnits of measure in SAP Business One
Units of measure in SAP Business One help companies to optimise their warehouse management and inventory processes. By precisely defining and assigning units of measure to products and items, companies can manage their resources more efficiently, minimise stock errors and streamline the entire operational process.
Read MoreSAP tools for integration & data analysis 2023
In the current digital landscape, data is indisputably the central element of every organisation. The right approach to data analysis or data management is the difference between triumph and defeat in the business world. This is where SAP is positioning itself as a globally dominant force in enterprise software by providing customised tools for such essential needs.
Read MoreWEBINAR: Upgrade for SAP Business One Financial Management
Discover the Versino Financial Suite in a live webinar - the comprehensive add-on package for financial accounting in SAP Business One. Specially developed to meet the individual requirements of your accounting and provide a clear overview of your company's finances. Originally designed as an interface to the DATEV financial software, the Financial Suite has developed into a comprehensive toolbox for the finance departments of German SMEs using SAP Business One.
Read MoreContinuous inventory management in SAP Business One
Continuous inventory management is an essential component of SAP Business One in the area of financial accounting. SAP B1, which is characterised by a wide range of functions in the area of financial accounting, also offers specific mechanisms for continuous and non-continuous inventory management. This article looks at how these processes are implemented in SAP Business One and what impact they can have on the work of financial accountants.
Read MoreSAP Business One 10.0 FP2305 - What's new
SAP Business One 10.0 FP2305 for SAP Business One brings a variety of optimisations and new features to enrich the user experience and increase system efficiency. In addition, Feature Pack 2305 is compatible with Windows 11.
Read MoreIs SAP Business One Cloud Software?
Richard Duffy is an SAP Business One veteran and well-known expert on SAP SME software. He had the opportunity to conduct a long interview with one of the main SAP B1 managers. He was able to find out some interesting information and views, including whether SAP Business One is a cloud software.
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