Streamline and Automate Financial Management
SAP Business One’s Accounting and Financial Management incorporates all key accounting processes, such as journal entries, accounts receivable, and accounts payable. Real-time accounting function triggers journal postings automatically when relevant business events occur. SAP Business One supports automatic tax calculations as well as multi currency transactions. Posting templates and recurring postings further streamline and simplify your accounting processes.
Accounting
Automatically handle all key accounting processes, such as journal entries, accounts receivable, and accounts payable.
Accounting and Financial Management System provides a complete set of tools to help manage and streamline your financial operation. It automates everyday accounting tasks such as maintaining ledger and journal entries, supporting tax calculations, and enabling multicurrency transactions.
Controlling
Accurately manage cash flow, track fixed assets, control budgets, and monitor project costs.
Controlling in SAP Business One allows you to define and manage budgets and compare actual and planned figures to get an accurate and up-to-date picture of your business at any time. Profit or cost centers are easily created and enable you to allocate revenues and expenses according to distribution rules – customizable and specific to your business.
Banking and reconciliation
Quickly process reconciliations, bank statements, and payments by various methods including checks, cash, and bank transfer.
You can conduct all your banking activities – including processing bank statements and payments, as well as reconciling accounts. You can also manage cash flow, track budgets, and compare actuals versus plans to see where your business stands at a moment’s notice. By integrating your financial operation in real time with other business processes, such as purchasing and sales, you can speed transactions and improve visibility into cash flow.
Financial reporting and analysis
Create standard or customized reports from real-time data for business planning and audit reviews.
Streamline and automate financial management with business software that integrates accounting, sales, and purchasing data. Get ready to analyse the data and make a better decision to improve margins, reduce errors, and drive more profitable decision making.
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