Accounting and Finance

White Papers

The Top 7 Challenges Businesses Face Today and How You Can Solve Them

As the economy continues to improve, businesses must face a... read more
Case Studies

Rifle Paper Co.: Unifying Business Processes to Support Rapid Growth with SAP Business One

Working with Third Wave Business Systems, Rifle deployed the SAP... read more
SAP Business One: Accounting and Finance

SAP Business One automates daily accounting tasks like assisting ledger and journal entries, backing tax calculations, and enabling multi-currency transactions. This ERP solution provides a through set of tools that aid in managing and consolidating the financial affairs of your businesses.

You can administer cash flow, track budgets, and compare actuals versus plans to see where your business stands in real time. With SAP Business One, you can also administer activities such as directing bank statements, payments and accommodating accounts. By integrating your financial affairs and other organizational processes in real time, you can advance transactions and increase visibility into cash flow.

SAP Business One software provides extensive accounting and financial functionality, such as:

  • Accounting: Systematically handle all crucial accounting practices such as journal entries, accounts receivable, and accounts payable
  • Controlling: Precisely track fixed assets, maintain cash flow, control budgets, and oversee project costs
  • Banking and Reconciliation: Rapidly develop reconciliations, bank statements, and payments in an assortment of ways such as checks, cash, and bank transfer
  • Financial Reporting and Analysis: Create basic or personalized reports from real-time data for audit reviews and organizational planning