GOBD and GOBD myths
16 July

GOBD 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.

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IFRS & HGB with SAP Business One
28 June

IFRS & 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.

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Automatic journal entries in SAP Business One
22 June

Automatic 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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Bank statement processing in SAP Business One
2 June

Bank statement processing in SAP Business One

Bank statement processing in SAP Business One enables the creation and management of incoming and outgoing payments as well as internal and external reconciliations. By automatically or manually entering bank statement details, previously unrecorded transactions such as customer payments or supplier notifications of payments made can be recorded. Bank statement processing supports various scenarios. This includes the creation, posting and internal reconciliation of incoming and outgoing payments to business partners that were made by direct debit or bank transfer and have not yet been recorded in SAP Business One.

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SAP Business One-faster, simpler, clearer!
1 apr

SAP Business One-faster, simpler, clearer!

The everyday life of a financial accountant is often characterised by searching for and comparing data. With the introduction of the new Cockpit of the Versino Financial Suite, we want to simplify precisely these daily challenges for SAP Business One users. The cockpit offers an intuitive and efficient solution for financial management by making it easier to access and analyse financial data. It remains SAP Business One, only faster, simpler and clearer!

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Input computer processing with human intelligence
27 March

Input computer processing with human intelligence

Nowadays, many companies rely on automatic incoming invoice processing that is based on digital document management functions. These can be very effective solutions, which recently have often even advertised the use of artificial intelligence. We have taken a different approach with the Versino Financial Suite and its fast entry. We utilise human intelligence for incoming invoice processing, which has been used in many of the processes that have already taken place.

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SAP Business One - Booking of shipping & freight
24 March

SAP Business One - Booking of shipping & freight

In SAP Business One, there are essentially two ways to effectively manage shipping and freight. One is to create item master data, the other is to use the specific freight definition function. Both approaches have their advantages and consequences, which should be recognised and taken into account when using them.

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SAP Business One and DATEV - Synchronised
18 March

SAP Business One and DATEV - Synchronised

The development of the Versino Financial Suite began several years ago as an interface to the DATEV financial system. Initially, we implemented our own extended export function. Later, we were able to import the data or posting batches generated from DATEV into SAP Business One and thus keep SAP Business One & DATEV synchronised. The functionality of the DATEV interface has grown considerably since then. Time to take stock.

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