Modules in SAP Business One

Accounting:

• Implement or adapt predefined chart of accounts templates
• Carry out accounting transactions, such as journal entries and vouchers, and recurring postings
• Use multiple currencies for accounts payable and accounts receivable.

Controlling:

• Define and manage budgets
• Handle payment terms, customer reminders, and cash collections
• Manage direct and indirect expenses and revenues for multiple cost centers, branches, and business units.

Banking and reconciliation:

• Manage incoming and outgoing payments with cash, checks, electronic bank transfers, and credit cards
• Process bank statements and perform automatic reconciliation of ledgers
• Clear multiple accounts receivable and payable invoices automatically in batches.

Fixed asset management

• Eliminate the need for repetitive manual data entry by simplifying the management of your fixed assets with a virtual function.

Financial reporting and analysis

• Improve business planning and audit review process by creating standard or customized reports from real-time information.

Procurement:

• Create purchase requests, POs, and goods receipts
• Link purchasing documents, view document trails for audit purposes, and manage returns, additional expenses, and multiple currencies.

Master data management:

• Manage detailed data in a user-friendly interface
• View account balance and purchase analyses and maintain detailed item purchasing information with price lists and tax information.

Warehouse and accounting integration:

• Achieve real-time synchronization of goods receipts and inventory warehouse levels.

Report creation and customization:

• Use the drag and relate feature to access data from multiple sources, create new reports, and customize existing ones in a variety of layouts with minimal IT overhead.
• Create dashboards and reports that provide insight into all business areas.