What is the difference between the SAP DATEV interface and the
Read MoreElster 2025 for SAP Business One
From the start of the 2025 tax year, companies must use the ELSTER add-on for
Read MoreThe advantages of the e-bill 2025
E-invoicing in Germany: Why SMEs should act now The
Read MoreFinancial accounting 2025 - information & changes
Stay informed! Numerous changes will come into effect at the turn of the year 2024/2025
Read MorePosting periods in SAP Business One
The correct management of posting periods in SAP Business One is crucial for adhering to business processes and avoiding posting errors. This guide provides a detailed explanation of how to set up, configure and manage posting periods, including tips for optimisation and error prevention.
Read MoreE-bill master data and settings in SAP Business One
To create compliant e-invoices in XRechnung or ZUGFeRD format, you need
Read MoreSAP Business One - Open items
In every medium-sized company, the management of open items plays an important role.
Read MoreGOBD and GOBD myths
The GoBD includes a large number of requirements designed to ensure that bookkeeping is proper and unalterable. This applies to both the actual bookkeeping and the storage of the corresponding data. A key component is the procedural documentation, which describes in detail how the accounting processes run and how the data is managed.
Every taxable company in Germany, regardless of its size, must fulfil these requirements. This applies to both sole proprietorships and large groups such as DAX-listed companies.
Read MoreIFRS & HGB with SAP Business One
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 MoreAutomatic journal entries in SAP Business One
Automatic journal entries in SAP Business One is one of the daily benefits that arise with every posting thanks to the integration of financial accounting into the ERP processes. This ensures that when accounting-relevant documents are created, the software automatically generates the corresponding journal entries. Accordingly, this can significantly relieve the accounting department in its daily work and frees up time for other activities.
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