Trial Balance in SAP Business One: What the Versino Financial Suite does differently – and why tax advisors notice
30 may

Trial Balance in SAP Business One: What the Versino Financial Suite does differently – and why tax advisors notice

The trial balance is one of the oldest accounting reports. Every accounting program has it, and SAP Business One naturally does too.

What one expects less: that a standard report, which at first glance does the same as its predecessor, becomes a recurring reconciliation topic with the tax advisor in practice. Versino Financial Suite has therefore developed its own version of this report — and the difference can be seen in a single column.

Read More
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.

Read More
SAP Business One – Reporting
8 Dec

SAP Business One - Reporting

All kinds of requirements are placed on SAP Business One reporting by a user after the implementation of SAP B1. Rich reports based on integrated data management are usually at the top of the list of requirements for an SAP Business One implementation. There are various options and tools available to the SBO user for such reports.

Read More