Financial Accounting
Financial accounting records and organises all monetary business transactions of a company in a systematic and traceable way. It provides the basis for legally required reporting and for the ongoing assessment of the company’s financial position. In SAP Business One, postings are managed centrally in the general ledger and prepared for reports such as the balance sheet and the profit and loss account (P&L). It is closely linked to accounting in SAP Business One , so that at month end it quickly becomes clear which postings are still missing and how the result actually stands.