New version LucaNet for SAP Business One

For companies that want to rely on independent controlling tools in addition to SAP Business One reporting, the tools from LucaNet are ideal.
Equipped with a Interface to SAP Business One data is transferred from LucaNet and can be tracked and analysed down to the individual booking record.

Subsequently, with the help of the planning functions of LucaNet, a P&L-balance sheet and liquidity planning can be created. It is also possible to import partial plans from SAP Business One or Excel and process them further in LucaNet. The integrated consolidation functions allow the actual and plan data to be transferred to a group view. A variety of reporting functions are available in LucaNet for reporting purposes.
LucaNet and SAP Business One can be quickly and easily aligned to the individual requirements of a company.

Versino Financial Suite for SAP Business One Finance

Now a new version has been released with many interesting features.

New modules

LucaNet.Financial Consolidation 2

With the LucaNet.Financial Consolidation 2 module, a new consolidation with new functionalities available in LucaNet. This consolidation module enables the flexible design and automated execution of your consolidation process.
The LucaNet.Financial Consolidation 2 module is not an extension of the consolidation with LucaNet.Financial Consolidation 1, but a new module with which you can systematically and automatically carry out the consolidation for the preparation of consolidated financial statements.

LucaNet.Smart Accounting

The LucaNet.Smart Accounting module supports you in the automatic preparation of individual financial statements. The financial statements are prepared using apps to automate the monthly, quarterly and annual financial statements. The closing entries created can be made available for transfer to the company-specific financial accounting or ERP system. Please note: The Smart Accounting workspace is only available to all customers after prior licensing of the LucaNet.Smart Accounting module.
Module extensions
The partner dimension is now also available if you have licensed one of the LucaNet.Planner, LucaNet.Smart Accounting or LucaNet.E-Balance modules.

Dimensional extensions

Partners can now be summarised in partner groups. With the help of partner groups, an aggregated value enquiry from several partners is possible.

Books instead of account hierarchies

Instead of the previous account hierarchies, the elements general ledger, subledger and statistics ledger are now available. The elements serve as the basis for creating the previous account hierarchy types.
The technical accounts dropped with LucaNet 10.
All account properties are now independent of the account hierarchy.
The balance change has been optimised to meet the technical requirements for integrated mirrors and cash flow statements. In addition, the balance change for items and accounts can be configured for any position in the general ledger, i.e. the balance sheet
Transaction types are now available for all accounts and items in all books.

Booking in all currencies

You can now post in any currency within a company. For this purpose, a distinction is made between transaction currency and display currency from LucaNet 10 onwards.

New elements in directory structures

The data entry folders, e-balance sheet folders and corporate design workspaces have been converted into directory structures. This means that data entry folders, e-balance sheet folders and corporate design resources are now available to you as possible elements of any directory structure.

Extended security functionality

Definition of password guidelines
With LucaNet 10, you can define company-specific password guidelines, e.g. a minimum number of characters or certain character categories that must be included in the password.
o 2-factor authentication
The new 2-factor authentication procedure can also be activated for database access via the LucaNet.Financial Client. With 2-factor authentication, in addition to the combination of user name and password as the first factor, a time-limited confirmation code is required as the second factor for logging in to the LucaNet.Financial Client.

SAP B1 blog