A period of time during which an asset is expected to be usable for the purpose for which it was acquired.
The useful life may or may not coincide with the actual physical or economic life of the asset. Before the end of an asset's useful life, the asset should be fully depreciated.
Versino Financial Suite V09.2025 for SAP Business One
Since the introduction of the Financial Cockpit at the start of 2025, it has been clear that the strategic focus of the Versino Financial Suite is shifting ...
Accounting outsourcing: Why it pays off for SMEs
Medium-sized companies are under increasing pressure to work efficiently, comply with regulatory requirements and remain competitive at the same time. In this constellation ...
CANDIS for SAP Business One
Intelligent document recognition: when AI wins the paper warThose who work in the accounting department of a medium-sized company today are familiar with the challenge: the incoming mail ...
Convert SAP Business One to camt.053 now
From 1 November 2025, the widely used MT940 format for electronic bank statements will no longer be supported. Companies that use SAP solutions such as ...
Loan postings in SAP Business One
There is no specific module for managing loans and loan bookings in SAP Business One. Nevertheless, companies, especially ...
Credit management with SAP Business One - control meets consistency
Credit management initially sounds like a topic that only concerns banks - until you realise as a company that overdue receivables and ...
