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.
Integrated time recording - when the ERP system takes notes
Especially for companies that work in projects, the recorded working time is the essential basis for invoicing. How can you and your company benefit from time recording integrated in the ERP system?
Read MoreSAP 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 MoreBills are also subject to the statute of limitations: Last chance for 2012
Do you feel the same way? We've only just returned from our summer holidays and we're already slipping into the new year with lots of good intentions. For some, however, it is too late - such as for all outstanding invoices from 2012, which will expire at the turn of the year. You still have the chance to claim all outstanding amounts.
Read MoreWhy the new accounting guidelines are important for your business
It is often the new additions to the general terms and conditions or changes and additions to formal clauses that we tend to carelessly scroll over or throw in the bin. However, the new accounting guidelines should be taken into account by companies and ERP software should be checked against them.
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.
Read MoreHow accounting can be simple - for every company!
The original approach of leaving business accounting to those who know their trade was certainly not a stupid idea. Small and medium-sized companies in particular, which neither have their own accounting department nor the financial resources to employ an accountant, are happy to make use of external services. However, this profession always costs money.
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