Features a chart of accounts template for every country, which companies can adapt to their own business requirements. Enables users to define individual charts of accounts of up to 10 segments if reporting needs require it.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Saves companies the necessity of manually typing many journal transactions, by performing a large number of transactions automatically, such as all transactions generated from marketing documents, invoices, receipts, credits, and so on. Users type other transactions manually. All journal entries are recorded in accounts and cards as debit and credit amounts.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Enables users to define postings for regular execution in accounting. Lets users specify a frequency for each recurring posting, and then automatically reminds users to enter these postings.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Supports the simultaneous handling of all postings in three currencies: the local currency, the transaction currency, and the system currency. Enables easy generation of reports in any international currency.

Enables users to periodically valuate open items in foreign currencies, identify differences, and choose the correction transaction.

To fully utilize this functionality, the following products should be evaluated

Balance sheet test report

Displays and prints account balances and transactions. Users can display any financial report in any defined currency and with degrees of detail. Different views are available for each financial report: quarterly or monthly results, by profit center, by project, and so on.

Profit and loss statement

Identifies revenues and expenses in accordance with the legal requirements of the selected country. Companies can use the report -- as well as every other financial report -- to compare the financial data between different accounting periods.

Balance sheet

Identifies assets and liabilities in accordance with the configured country's legal requirements.

Comparative reports

Enables thebalance sheet test report, the profit and loss statement, and the balance sheet to be be run as comparisons: for months, quarters, years, or any other period.

Financial report templates

Enables users to quickly and easily generate any number of financial report templates for any purpose, such as generating additional profit and loss statements.

To fully utilize this functionality, the following products should be evaluated

Supports the transaction journal, one of 12 possible journal cross-sections in SAP Business One.

In principle, every monetary transaction recorded in a company's accounting system creates a journal transaction. SAP Business One saves companies the necessity of manually typing many of these journal transactions, by performing a large number of journal transactions automatically, such as all transactions generated from marketing documents, invoices, receipts, credits, and so on. Users type other transactions manually. All journal entries are recorded in accounts and cards as debit and credit amounts.

To check the source of a particular debit or credit transaction in an account, users can re-examine the journal entry that created the particular monetary transaction. All the journal entries handled by the system (written to the permanent file) are summarized in the journal.

The journal entries contain details such as transaction date, transaction type, account debited and the amount, and account credited and the amount.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Enables companies to define and manage budgets. Users can configure budget allocation methods, define budget figures in any currency (local currency, foreign currency, or both), and display a summarized budget report. Compares the actual figures with the planned figures. Users can also define an online alert that informs the user whenever a transaction exceeds the monthly or annual budget limit.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Lets users build accounts based on segments. This option is used mainly in the United States.

The segments are used to distinguish between functional or responsibility areas within a business. Typical segments are Division, Department, Product Line, and Geographic Area. Each segment can then be reported separately.

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

To fully utilize this functionality, the following products should be evaluated

Lets companies schedule and automatically reverse manual transactions. SAP Business One will automatically alert users of all transactions that need to be reversed. This can be used for accruals.

To fully utilize this functionality, the following products should be evaluated

Enables companies to define a reconciliation difference to automatic reconciliations, to speed up the reconciliation process. If the system finds a difference between a credit and a debit transaction, it will automatically create a balancing transaction to reconcile this difference and continue with the reconciliation. All the balancing transactions are stored in a special account defined in the system.

To fully utilize this functionality, the following products should be evaluated

Integrates with General Ledger and with Purchasing and Sales. That is, business processes from Purchasing and Sales that include fixed assets provide data to Asset Accounting. Asset Accounting contains the asset master data and calculates the planned depreciations according to the acquisition costs and the useful life of the asset, and creates postings to the General Ledger.

To fully utilize this functionality, the following products should be evaluated

Includes advanced support for purchase accounting, which is a system of posting stock movements with a permanent inventory. Purchase accounting is a legal requirement in some countries. It allows the value of externally procured materials to be posted.

To fully utilize this functionality, the following products should be evaluated