28 apr

Versino Financial Suite (VFS)


E-invoicing in Germany: How to implement the obligation with SAP Business One

the Versino Financial Suite (VFS) is the German-language finance extension for SAP Business One from Versino AG. It closes functional gaps in the SAP B1 standard in the area of financial accounting, reporting and collaboration with DATEV — specifically tailored to the requirements of German tax firms and medium-sized businesses.

Context

The suite consists of several integrated packages. DATEV interface works bidirectionally: Outgoing journal entries, base data and transfer receipts to DATEV. Incoming annual financial statement bookings or payroll batches can be read back from DATEV – with the aim of a „100% synchronised database". The Reporting package provides financial reports that are missing from the SAP standard (payment advice, Balance confirmation) or suboptimal (e.g. DATEV-compliant trial balance that cleanly resolves the opening balance issue for P&L accounts). Special Functions automate, mass changes and the Financial Cockpit As a control centre — a tile-based launchpad interface (from 03/2025), which runs on a second monitor parallel to B1 and centrally bundles scattered standard SAP functions. Technically, the VFS lives in the namespace VPS with own Framework (VerXs), proprietary UDTs/UDFs/UDOs and a registered add on, which encapsulates connection pooling, event filtering and thread safety.

Demarcation

VFS is not a complete financial accounting system outside of SAP B1 – it builds upon and complements the B1 general ledger. It is also not a replacement for DATEV tax advisor software itself: the tax advisor continues to work within DATEV. accounting, the VFS ensures data flow from B1. Compared to the Coresuite Country Package, it overlaps in dunning and payment advices; those using both products must clarify which is the leading layout and logic layer. And compared to CKS.DMS, the VFS complements it: archiving is with CKS.DMS, financial workflow and DATEV interface at VFS.


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