Accounting
Accounting comprises all processes used to systematically record, check and evaluate a company’s financial transactions. It provides a reliable basis for presenting assets, liabilities, income and expenses in a transparent and traceable way. In SAP Business One, it forms the framework for financial accounting, the preparation of the balance sheet and the profit and loss account (P&L). It therefore supports not only statutory requirements, but also well-founded decisions for the economic management of the business. When documents, payments and postings are recorded correctly on an ongoing basis, open items, results and financial developments can be assessed reliably in day-to-day operations.