Journal entries allow users to create and provisionally save journal transactions. These remain as drafts until they are checked and finally posted. This means that the postings do not initially affect Balance sheets nor on reports. This allows the accounting department to check that postings are correct and up-to-date.
Advantages of accounting entries:
- Improved accuracy
Preliminary entries minimise errors, as receipts can be checked before the final posting. - Support with employee training
New employees can practise in a safe environment without affecting real data. - Increased efficiency
Batch processing of postings is made considerably easier by this function. - Flexibility
supporting documents can be edited, changed or deleted before the final booking.
Practical application
The function is particularly helpful for complex posting processes that have to go through several correction loops before they are finally posted. For medium-sized companies that value process reliability, this functionality offers an ideal combination of control and efficiency.
Finance in SAP Business One
The financial system in SAP Business One contains the entries that you are legally obliged to make and enriches them with ...
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