Accounting is part of the annual financial statement of every company. Thereby the Profit and loss account compared with the company's development and thus successes are measured. The balance sheet is always prepared at a specific point in time.
Understanding Accounting: Balance Sheet & EÜR
Bookkeeping is really not always easy for small businesses. There is also a lot to consider when it comes to balance sheets & EÜR ...
The SAP Business One posting periods
SAP Business One posting periods play an important role in finance. They facilitate the organisation, recording and documentation of financial transactions ...
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 ...
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...
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 ...
Revision security – what does that mean for a digital archive?
In terms of user-friendliness, security, space and durability, a digital archive is clearly superior to archiving on paper. More and more companies...
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...
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...
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 ...
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...
Accounting explained: Chart of accounts
One of the standard questions that an SAP Business One consultant first asks their clients when setting up their financials is which ...
Not only consolidate but plan with LucaNet
LucaNet has already been presented here on the SAP Business One blog a few times. We often find that ...
