SAP Business One Functionality Overview
SAP Business One is a comprehensive and versatile business management solution equipped with an easy-to-use interface and serves as the primary ERP application. The solution provides all the administrative functions that let you customise and backup data, define currency exchange rates, configure permissions and alerts and access information from non-SAP software. In addition it comprises 11 areas of functionality that help extend its capabilities far beyond its primary administrative function and enable it to streamline your entire business processes. These areas of functionality are:
Finance:
Handles all your financial transactions including general ledger, account set up and maintenance, journal entries, foreign currency adjustments and budgets.
Bank Transactions:
Takes care of all your financial processing such as cash receipts, cheque writing, deposits, advance payments, credit-card payments and bank reconciliation.
Controlling:
Lets you define profit centres and distribution rules to distribute the costs to these profit centres. You can also generate profit-and-loss reports for each centre.
Sales:
Helps you create price quotes, enter customer orders, set up deliveries, update stock balances and manage all invoices and accounts receivables.
Purchasing:
Manages and maintains supplier transactions such as issuing purchase orders, updating stock numbers, calculating the value of imported items, handling returns and credits, and processing payments.
Integral Customer Relationship Management:
Controls all the information on your customers, resellers and suppliers including profiles, contact summaries, account
balances and sales pipeline analysis.
Stock Control:
Handles stock levels, item management, price lists, special price agreements, transfers between warehouses and stock transactions.
Materials Requirements Planning (MRP):
SAP Business One offers a simple yet powerful planning system that helps production planners or buyers schedule and
manage items for production or purchasing based on a variety of criteria.
Reporting:
Creates powerful reports for nearly every aspect of your business including customer and supplier debt, sale, cash flow, customer contact summaries, book-keeping, warehouse stock, financial statements, pricing, customer activity and more (via pre-defined reports or define-it-yourself queries).
Service Cycle Management:
Optimises the potential of your service departments, providing support for service operations, service contract management, service
planning, tracking of customer interaction activities, customer support and management of sales opportunities.
Employee Profiles:
Provides staff management capabilities including employee details, contact information and absence reports.
If you would like to read more about SAP B1, have a look at the links below.
The Business Benefits Of SAP Business One
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