SAP Business One Financial Accounting

Financial accounting delivers tools and reports that enable you to manage all your financial processes, including:

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Chart of Accounts allows you to define all your company's accounts and their hierarchical relationships.

Journal entries allow you to enter or find your manual journal entries. Each transaction can be automatically allocated to a project or a profit centre.

Transaction templates save time and prevent mistakes when entering manual journal entries.

Recurrent journal transactions let you create your own set of recurrent transactions, including automatic frequency reminders.

Exchange rate differences adjust your foreign currency accounts to the changes in your local currency.

Trial balance report displays your accounts' balances and transactions. You can view all your financial reports in any desired currency, and in each detailing level.

Profit and Loss report displays your incomes and expenses in the conventional way used by accountants.

Balance sheet displays your assets and liabilities in the conventional way used by accountants.

Comparative reports allow all your reports to be displayed in a comparative view between months, quarters, years, or any other period.

Budget helps you define and track your budget in any currency and view a summarising budget report, which compares the actual versus the planned figures.

Financial reports designer gives you the power to create unlimited financial reporting templates. Controlling lets you manage all aspects of cost centres with a powerful set of automated tools, including:

Profit centres enables you to define the various profit centres and departments of your business. In the chart of accounts you will be able to directly associate suitable income or cost accounts to a predefined profit centre.

Overhead absorption factors gives you the ability to define the different allocation factors that characterise your business activity. This includes the area of the business, employee division, or income ratio.

Profit centres and overhead factors table displays all profit centres and the absorption factors in a table form, making it easy to view and adjust the figures. It also lets you create more new centres and factors.

Profit centres report displays a managerial profit and loss report for each profit centre based on all of its revenues and expenses, direct and indirect, according to predefined absorption factors. You can choose a display of yearly or monthly formats, and compare it with last year's figures.

Project costing can allocate all revenue and expenditure to a project enabling you to perform analysis of project costs.

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