SAP B1 blog

Cost and performance accounting (KLR; also cost and revenue accounting (KER), cost accounting (KoRe) or operating result accounting) is a field of business administration. The main purpose of cost and performance accounting is to provide internal information for the short-term planning of costs and revenues and their control. As part of internal accounting, cost accounting is hardly subject to legal regulations in comparison to financial accounting.

Cost accounting comes up in this blog.

Financial consolidation with SAP Business One

Taken by itself, the term "consolidation" simply means that one brings a certain fact into context. In the world ...
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Return rates – on the trail of returns

Returns are increasingly burdening online trade. A key figure that is often used in a business context is the return rate. Returns are ordered goods that ...
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More key figures transparency in the ERP system

Many companies hope that the introduction of ERP software will bring more transparency to their key figures. However, it only becomes clearer...
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Quick start to finance

A new reference book on SAP Business One (B1) has been published. With "Quick Start in SAP Business One - Finance" all ...
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Cash flow in companies explained

If a company finds itself in economically difficult waters, it is the first and foremost task of the company management to control the flow of money or...
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Secure accounting with software

From a ten-man operation to a large corporation? All companies have one thing in common: the legal requirements that require orderly accounting ...
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Methods for effective project controlling

Keeping track of one or more projects is one of the difficult challenges in project management. There are various...
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The prerequisites for good project controlling

If a company works on projects, it encounters different hurdles in controlling than a series production company. Especially in...
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The crux of the innovation

When it comes to entrepreneurial success, we often talk about innovation. However, we are constantly working against them...
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Understanding accounting: BWA explained

For many managing directors, the business evaluation - BWA for short - is either a necessary evil of accounting or sometimes even a ...
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Finance in SAP Business One

Financial accounting in SAP Business One contains the entries that are required by law and enriches them with ...
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