13 apr

Currency Loss Account (SAP Business One)

An account used to record currency losses resulting from a negative change in the exchange rate.

 


 

Presentation of the chart of accounts in SAP Business One Financials

Finance in SAP Business One

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

End-of-year work.

Year-end closing in Germany

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 ?
SAP Business One turn of the year

New Year in SAP Business One

Every year the turn of the year in SAP Business One is coming up. Anything you only do once a year is...
Continue reading ?
Versino Financial Suite (DATEV ADDON) - More than expected

Versino Financial Suite (DATEV ADDON) – More than you think

Initially "only" a bidirectional interface to DATEV finance was planned. But when we talked about this development with more and more ...
Continue reading ?
Apply accruals correctly

Apply accruals correctly

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 ?
Financial Consolidation with SAP Business One

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 ...
Continue reading ?
Balance confirmation in SAP Business One

Balance confirmation in SAP Business One

A balance confirmation makes it possible to check the correct amount of receivables and payables to your business partners. With the Versino...
Continue reading ?
Incoming invoice processing (ERV) in trend

Incoming invoice processing (ERV) in trend

Manually entering and processing paper-based invoices is a time-consuming and costly process in accounts payable...
Continue reading ?
SAP B1 Financial Accounting Book

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 ...
Continue reading ?
Accounting for startups

Accounting for startups

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 ?
financial module

The finance module - heart of the ERP software

The financial module of an ERP software is the component that performs almost all of the most important accounting and financial management functions of a company within the ...
Continue reading ?
Final Account Blog Title

Apply the final calculation correctly

Sectors such as plant engineering or the construction industry usually provide contractually agreed services over a longer period of time. The client will...
Continue reading ?
IT company & VAT conversion

What IT companies should consider when converting VAT

The fact that the upcoming conversion of VAT will not be as easy for companies to handle as it was announced should ...
Continue reading ?
Tax consultants warn of VAT rates

The German Association of Tax Advisors reacts to the reduction in VAT rates

In a lengthy statement, the German Association of Tax Advisors commented on the temporary reduction in VAT rates. The content of the text...
Continue reading ?
Reduction of VAT 2020 not easy for companies

Reduction of VAT 2020

The reduction in Value Added Tax (sales tax) is a measure to mitigate the economic impact of the Corona crisis that has taken many by surprise. Formal...
Continue reading ?
GoBD changes

GoBD 2020 for archiving receipts

The GoBD, especially the archiving of documents, has already undergone some changes since January 2020. The principles of proper management ...
Continue reading ?
Cash flow in companies explained

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...
Continue reading ?
Secure accounting with software

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 ...
Continue reading ?
Accounting, BWA

Understanding accounting: the annual financial statements

The annual accounts of a company provide an overview of all profits and losses of the past financial year. Business accounting tool...
Continue reading ?
Accounting, BWA

Understanding accounting: profit and loss statement (P&L)

In addition to the balance sheet, the income statement is an important report within a company's annual financial statements. In this report, yields ...
Continue reading ?
Accounting, BWA

Understand bookkeeping: totals and balance list (SuSa)

A totals and balances list provides a list of all accounts posted within a selected period. It includes all accounts with...
Continue reading ?