An account to which bookings are temporarily posted.
Clearing accounts are auxiliary accounts that exist for technical reasons and are repeatedly cleared.
Postings to a clearing account may be required due to:
- a time gap between posting processes (WE/IR clearing account)
- Organizational distribution of tasks (bank clearing account)
- booking processes that require clarification
Financial accounting in SAP Business One contains the entries that are required by law and enriches them with ...Continue reading ?
The annual financial statement work is one of the most important requirements for analysing the development of a company. Therefore, before auditing the ...Continue reading ?
Every year the turn of the year in SAP Business One is coming up. Anything you only do once a year is...Continue reading ?
Initially "only" a bidirectional interface to DATEV finance was planned. But when we talked about this development with more and more ...Continue reading ?
Accruals and deferrals are an essential accounting task when it comes to the period-end closing, for example when preparing the annual financial statements...Continue reading ?
Taken by itself, the term "consolidation" simply means that one brings a certain fact into context. In the world ...Continue reading ?
A balance confirmation makes it possible to check the correct amount of receivables and payables to your business partners. With the Versino...Continue reading ?
All companies today have to observe the GoBD-compliant storage of certain documents. Proper archiving alone is not enough. In ...Continue reading ?
Manually entering and processing paper-based invoices is a time-consuming and costly process in accounts payable...Continue reading ?
A new reference book on SAP Business One (B1) has been published. With "Quick Start in SAP Business One - Finance" all ...Continue reading ?
At the beginning there is the outstanding idea and/or the unique selling proposition that promises big profits. After founding the start-up, there is ...Continue reading ?