On its own, the term “consolidation” simply means that you put a specific fact into context. In the accounting world, however, financial consolidation is a well-defined process that involves several specifics and accounting principles.
Read MoreReturn rates – on the trail of returns
Returns are increasingly burdening online trade. A key figure that is often used in a business context is the return rate. Returns are ordered goods that are sent back to the seller by the customer. These are used or unused goods. However, the return rate has different dimensions, which can be determined from the business figures.
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 MoreCash flow in companies explained
If a company finds itself in difficult economic waters, the first and foremost task of management is to keep an eye on the cash flow.
Read MoreSecure accounting with software
From a two-man business to a large corporation ? all companies have one thing in common: the legal requirements of accounting. Those who do not carefully comply with the corresponding regulations and deadlines will have the tax office at their door. And that can be an expensive visit. So expensive, in fact, that most companies employ one or more accountants and call in external tax consultants. But an ERP system can also be a good help.
Read MoreMethods for effective project controlling
Keeping track of one or more projects is one of the difficult challenges in project management. There are different perspectives from which projects and project progress can be evaluated. Project controlling therefore knows a few methods for this.
Read MoreThe prerequisites for good project controlling
A product has a fixed price, which at most changes due to options that can be added. At first glance, this may also be true for a project. At second glance, however, it becomes more entangled. But how do you keep track of everything so that in the end the course of the project remains transparent for everyone involved? This is where project controlling comes into play.
Read MoreThe crux of the innovation
When it comes to entrepreneurial success, we often talk about innovation.
Read MoreUnderstanding accounting: BWA explained
For many managers, the business management report - BWA for short - is either a necessary evil or even a mystery. But it can be a great help in business management, which can be used very easily with the right system.
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