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 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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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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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 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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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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