SAP® Business One Accounting and Financials

Sample SAP Business One financials screen
Click to enlarge

• 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.
  




• Real time accounting
  Fully integrated financial and banking management gives you immediate access to detailed information.




• Automated processes
  SAP Business One automates virtually all key transactions. For example: Journal entries are created on the General Ledger from sales, Purchase and Banking areas; and users can automatically allocate each transaction to a project or profit centre.




• Drill-down
  The system offers users high speed drill-down to complete information. From Journal entries for a sales transaction, drill-down to view the chart-of-accounts information. From the Chart-of-Accounts you can drill-down to view balance transactions.




• Budgeting
  Manage Budget creation, allocation and distribution. Provide Budget tracking, reporting and alerts that notify the responsible users whenever a transaction exceeds a monthly or annual limit.
  




• Banking
  Track all banking processes such as cash receipts, cheque writing, deposits, advance payments, credit card payments and account reconciliation.
  




• Financial reporting
  Provide easy-to-use financial reports, including Balance Sheets, Profit and Loss statements, Cashflow analysis, transaction reports, multi-period comparisons and budget reports.




• Month End Closing
  SAP Business One has many features to support efficient month-end cycles including:
  • Activity window allows you to assign tasks and create reminders.
  • Assign control accounts and ensure the general and subsidiary ledgers remain synchronized.
  • Create posting templates to save time and improve accuracy.




• Profit Centres
  Define profit centres and cost distributiuon rules plus Profit and Loss reports for each centre.