Accounting & Finance

SAP Business One 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.

Key features within the Accounting module

Cost Accounting &
Distribution Rules

Dimensions and distribution rules are a cost accounting method used to allocate direct and indirect expenses and revenues to one or more cost centers. It contains information regarding the portion of the expenses or revenues to be allocated to each cost center.

Fixed Assets

Fixed Assets for SAP Business One enables you to manage and monitor your tangible fixed assets within SAP Business One. As a subsidiary ledger to the general ledger in Financial Accounting, the Fixed Assets add-on provides you with detailed information on all transactions involving fixed assets.

Budgets

Use the budget functions to track corporate expenses and revenues. SAP Business One has an encumbrance function that allows you to block additional transactions if the budget is exceeded and can calculate budget amounts automatically based rules that you specify

Exchange Rates

The Exchange rates function in SAP Business One allows you to manage exchange rates across any currency required, with options to automate the exchange rate feeds and process financial revaluations at period ends.

Chart of accounts
Journal entries
Posting templates
Recurring postings
Exchange rates in multiple currencies
Financial reports
Budget management
Cost accounting
Multiple posting periods
Incoming payments
Outgoing payments
Payment runs
Bank statement processing
Account reconcilliation
Fixed assets
Deferred payments

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