The acquisition cost principle is a fundamental valuation rule in German commercial law. It states that assets must be recognised for the first time at no more than their acquisition cost. Acquisition costs may be recognised. The value may not exceed these original costs in subsequent years either. This principle serves the principle of prudence in accounting and is intended to prevent unrealised gains from being recognised due to the revaluation of assets. It ensures a conservative and realistic valuation. Special valuation requirements can be met through add-ons such as the Versino Financial Suite that enable advanced financial analyses.
Two free webinars in July: Experience the Versino Financial Suite live
In 90-minute sessions, we'll show you practical ways to harmonise, streamline and automate your accounting in SAP Business One….
E-Invoicing 2026: What is changing now for SMEs and SAP B1 users
The e-invoice has moved beyond the theoretical IT project phase. Since January 2025, the obligation to receive e-invoices applies to all domestic companies — ...
Netting in SAP Business One: What makes the Versino Financial Suite different
When a business partner is both a customer and a supplier, that sounds like a comfortable situation. You know each other, you trust...
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 reports in accounting. Every accounting program has it, and SAP Business One itself...
Versino Financial Suite Version 05.2026: What's Changed
Version 05.2026 of the Versino Financial Suite brings two innovations that directly target time loss and system limitations in daily...
E-Invoicing 2026: From Receipt to Mandatory Issuance — what SMEs must clarify now
From 1 January 2025, every B2B company in Germany must be able to receive electronic invoices — regardless of turnover. One and a half years...
