SAP B1 blog

GAAP (Generally Accepted Accounting Principles) are generally accepted rules and procedures for the Accounting and financial reporting by companies in the United States (US). US GAAP is a comprehensive set of accounting practices developed jointly by the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), so it also applies to government and not-for-profit accounting. organizations be applied.

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 ...
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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...
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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 ...
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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...
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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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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...
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No GoBD without process documentation

All companies today have to observe the GoBD-compliant storage of certain documents. Proper archiving alone is not enough. In ...
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Incoming invoice processing (ERV) in trend

Manually entering and processing paper-based invoices is a time-consuming and costly process in accounts payable...
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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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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 ...
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