Tag: SAP Business One Consultancy

SAP Business One Missing Months / Periods in Reports Have you run a Balance Sheet, Profit and Loss or Trial Balance in B1 V8.1, 8.2 or a recently upgraded V9 and discovered that you are missing periods or months from the report? Weird, eh? It is as much use as an Octopus tentacle snooker cue, but don’t worry, it can be fixed! The issue appeared in V8.x and is fixed in V9. The problem is, you upgrade V9 and the problem still exists. The problem has been fixed and will not occur again but you need to fix the cause of the issue to see the months again. All this requires is a quick fix to a users…

SAP Business One Year End Closing Instructions SAP kindly provide a 50 page document which provides in depth instructions on the Year End process but most people only need to know how to run the actual Year End process in SAP B1.  Because it is a once yearly procedure, it is forgotten year to year. Here are the instructions for running the Year End process in Business One. Year End Process in SAP B1 To carry forward the balances of the P&L accounts to the corresponding account in the balance sheet (or several different balance sheets), you can use the period-end closing function. You can store the results initially as a report and then post them at a…

We are currently taking bookings for training courses throughout August 2013. Our training courses can either be on your site for a maximum of 8 people or at an external location suitable for attendees from various companies. On site training is excellent for your employees as it will be specific to your system as it will be based on your Test system. External multi-company training is more suited for non specific training requirements and usually proves extremely useful for those candidates wishing to network with peers from other industries. Our SAP Business One training courses can be specifically tailored to your system and, dependent on time, our time can be used for consultancy questions. We will listen and…

Down Payment Interim Account & Down Payment Clearing Account An explanation / definition of what the Down Payment Interim and Clearing Accounts are for and how they are used. When a company receives or makes a down payment, the payment amount is recorded in an interim account before it’s deducted from the final transaction. For period end auditing purposes, the transactions that make up the value of the interim accounts must be easily auditable. In SAP Business One, postings are made to the following two interim accounts in the down payment process: Down payment clearing account Down payment interim account The postings to these two accounts are automatically reconciled as follows: Down Payment Request ProcessWhen you create a…