Multi-currency Account (SAP Business One)

An account that accepts and records journal entries in more than one currency.

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 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 ...
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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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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 ...
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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...
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New VAT functions Lowering in SAP Business One

With the Versino Financial Suite, users of SAP Business One can now use another alternative strategy for converting the ...
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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 ...
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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...
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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...
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