For many managing directors, the business analysis - BWA for short - is either a necessary evil or even a mystery. However, it can be a great help in company management and can be easily utilised with the right system.
Read MoreAccounting explained: Chart of accounts
Chart of accounts - a term that you often stumble across in accounting. The abbreviations SKR 03 and SKR 04, which are commonly used in jargon, come up from time to time when searching for a system - the abbreviations stand for "standard chart of accounts" and thus describe the most common variants.
Read MoreBookkeeping for Beginners: The „To Do“ List
Accounting. Sooner or later it will become part of every company, no matter how small it is, but it still belongs on the list that people tend to put off or postpone, only to pass it on half-knowingly to the tax advisor. At the latest, however, when you hold a responsible position in a company, the topic of bookkeeping becomes indispensable.
Read MoreAccounting according to GoBD: What your software must be able to do
Everything has been different since the beginning of last year. Instead of the GoBS (principles of proper IT-based accounting systems) and GDPdU (principles of data access and verifiability of digital documents), the GoBD now apply.
Read MoreAsset accounting software: What does the company need?
Every year, the balance sheet reminds us that the accounting process consists of more than just current assets. This is because companies are also legally obliged to list their fixed assets and show them in a "fixed asset grid". Errors can quickly creep in between the paragraphs and the calculation of any values. Many companies also get software support in addition to their accounting specialists. One example is the software for asset accounting, which is also included in SAP Business One.
Read MoreCorrectly delimit maintenance with Pro Rata functions
For all companies that bill for any kind of maintenance (e.g. in the software & IT industry), the billing of maintenance fees is a regular challenge. This is doubly true for companies that not only sell maintenance but also purchase it from other software manufacturers.
MARIProject's contract management for SAP Business One provides some exclusive functions for the management of maintenance invoices.
SAP Business One Financial Accounting Training on DVD
Versino Ost has already made a name for itself in SAP Business One video training. The range offered on Video2Brain includes „Functions and Processes“, „Administration“ and also financial accounting within B1. Those who repeatedly require this type of training can now consider making a long-term investment in the offering.
Read MoreWhat does finance and accounting mean?
Not only from a professional point of view, but also in everyday life, you often skim over terms that you don't really understand in their entirety. Usually you have a rough idea of what something means and that's enough to get you through the bureaucratic long run to your destination. In our experience, finance and accounting are among these terms.
Read MoreControlling - more than just monitoring
SAP Business One has a number of tools to support companies with controlling. This does not just mean cost centre accounting, which is a module of financial management in SAP Business One. Controlling, which is based solely on posted accounts, is no longer sufficient to map the various facets of this important business area.
Read MoreUnderstanding accounting: Balance sheet & EÜR
Bookkeeping is not always easy for small businesses. There is also a lot to consider when it comes to balance sheets and income statements.
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