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SAP® Business One: Financial Accounting
Financial accounting delivers tools and reports that enable you to manage all financial processes, including:
- Chart of accounts -- Allows you to define all accounts and their hierarchical relationships
- Journal entries -- Allows you to enter or find manual journal entries and automatically allocate each transaction to a project or profit center
- Transaction templates -- Enables you to save time and prevent mistakes when entering manual journal entries
- Recurrent journal transactions -- Lets you create your own set of recurrent transactions, including automatic frequency reminders
- Exchange rate differences -- Adjusts foreign currency accounts to the changes in your local currency
- Trial balance report -- Displays account balances and transactions, enabling you to view all financial reports in any desired currency and in each detailing level
- Profit and loss report -- Displays income and expenses in the conventional way used by accountants
- Balance sheet -- Displays assets and liabilities in the conventional way used by accountants
- Comparative reports -- Allows all 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 summarizing budget report, which compares the actual versus the planned figures
- Financial reports designer -- Gives you the power to create unlimited financial reporting templates
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