25 apr

Lowest value principle (SAP Business One)

A method of balance sheet valuation of inventory items whereby current assets are valued at the lower of cost or net realisable value.

Example:
An item can only be sold at 40% of its original value. A stock valuation is carried out which brings the value of the item to its current value.

 

Netting creditors-debtors

Netting and creditors with debit balances

Netting and creditors with debit balances are two concepts used in finance to offset debts and receivables between companies ...
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SAP Business One Payment Advice

Payment advice in SAP Business One

In business, it is important to process payments quickly and efficiently. The payment advice note plays an important role in this. But what exactly ...
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SAP Business One  posting periods

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 ...
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Better booking texts

Better SAP Business One booking texts

When talking about SAP Business One posting texts, many experienced users think of limitations they have to deal with....
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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...
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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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