In our SAP Business One Finance Workshop we will review:
SAP Business One – Financials
SAP Business One helps businesses gain real-time insight into financial information, speed financial close cycle times, improve compliance and control, and lower closing workloads and costs thanks to streamlined processes. Finance staff gain time for analysis that supports better business decisions and are freed up to perform value-adding work.
SAP Business One – Financial Accounting
Handle all your financial transactions – including general ledger, journal entries, budgeting, and account setup and maintenance – in one system, with comprehensive tools and reports.
SAP Business One – Budgets
You can define and manage budgets on existing accounts to compare actual and planned figures. SAP Business One can alert you whenever a transaction exceeds a monthly or annual budget limit.
SAP Business One – Journal and Reversing Journals
Journal entries are posted automatically from the sales, purchasing, and banking function’s allowing you to create new journal entries and search for existing ones. Reversals of specified postings occurs on the first day of the following calendar month, but you can specify a different reversing date for each posting.
SAP Business One – Cost Centre Distributions
You can define different profit centers or departments and allocate the revenue and cost accounts to a predefined profit center in the chart of accounts. You can define different distribution rules to characterize business activities and then allocate a revenue or cost account to the corresponding distribution rule.
SAP Business One – Posting templates
You can define general ledger account assignment models, saving time and avoiding mistakes during the manual posting of journal entries.
SAP Business One – Exchange Rate Differences
You can review your open items in foreign currencies, then identify differences and choose the appropriate correction transaction.