SAP Business One

Within the SAP Business One there are opportunity and sales management tools. This is where you can create quotes, enter orders, perform real-time availability checks across all your warehouses, and process deliveries. You can also record deal sizes, potential competition, new sales opportunities with helpful and relevant information such as lead source, and sales stage. You can synchronise your contacts, tasks, and opportunities between Microsoft Outlook and SAP Business One. You can have all of this while gaining instant access to snapshots of customer data from your e-mail.

Documents that have been forwarded by clients such as PDF’s, drawing, specifications, images etc may be anchored to any document within SAP Business One – so for example, a CRM Sales quotation in SAP Business One may store the RFQ PDF along with supporting information such as emails etc.

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The success for SAP Business One for wholesale distribution companies lies in the effective management of inventory. That means having the right material on hand when a customer needs it, but without having dead stock sitting around costing money. You have to ensure that you maintain the appropriate amount of adjusted safety stock. And through it all, you have to be able to take advantage of your suppliers’ special offers.

Sales management tools in SAP Business One allows you to create price quotes, enter customer orders, set up deliveries, update inventory balances, and manage all invoices and accounts receivable. SAP Business One offers efficient document development for every step throughout the sales process, including quotations. All relevant information is moved from one document to the next – from sales quotation to the sales order to delivery note to the SAP Business One AR invoice – saving you time and reducing errors. SAP Business One also gives you the flexibility to adapt the steps in the sales process to fit your needs and specific business processes.

SAP Business One features Reporting, a powerful and interactive analysis reporting tool with pre-delivered depiction of your data. This helps end-users access data using common business terms for Finance.

We are regularly challenged to create value using data of our company and turn it into meaningful opportunities. SAP Business One Analytics Solution offers a comprehensive – yet simple – single platform that helps find and unlock the real value in your data for smarter decisions. The rewards for people who successfully use analytics are significant. They successfully stretch their competitive advantage, drive company innovation, and improve the bottom line.

Did you know, SAP Business One offers you with fully integrated banking and financial functionality for end-to-end management, tracking, reporting, and control of all key financial and accounting processes.

1. Handle all your financial transactions – including journal entries, budgeting, general ledger, and account setup and maintenance – in one system, with comprehensive reports and tools. 
2. You can define your own postings for regular execution in accounting and specify a frequency and distribution for each recurring posting.
3. You will be able to manage and define budgets on your existing accounts to compare planned figures and actual figures. Your system will alert you when a transaction exceeds a monthly or annual budget limit.
4. Journal entries are posted in real-time from the purchase, sales and banking function. This allows you to create new journal entries and search for current entries.
5. Reversals of specified postings occur on the first day of the following calendar month. However, you can set up a different reversing date for each posting.
6. You can specify different departments or profit centres and allocate the cost and revenue accounts to a predefined profit centre in the chart of accounts.
7. You can save multiple manual journal entries and process them simultaneously, allowing verification of the postings before they are entered in the general ledger.
8. You can evaluate your open items in foreign currencies, then identify differences and choose the appropriate correction transaction.
9. You are able to define general ledger account, assignment models. This will help you save time and avoid mistakes during the manual posting of journal entries.
10. You can generate any number of financial report templates.
11. Reports are based on revenues and costs, both direct and indirect. You can run reports for any profit centre annually or monthly to compare the results with figures for the previous period.

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SAP Business One Material Requirements Planning (MRP) module enables you to plan material requirements for a manufacturing or procurement process based on the evaluation of existing inventories, demands, and supplies on changing planning parameters (such as lead time determination, make or buy decisions, and holiday planning).

SAP Business One Material Planning (MRP) calculates gross requirements for the highest bill of materials (BoM) level, based on existing inventory, sales orders, purchase orders, production orders, forecasts, and so on. It calculates gross requirements at the lowest BOM levels by carrying down net parent demands through the BOM structure. Dependent levels might have their own requirements, based on sales orders and forecasts.

The results of the SAP Business One MRP run are report and recommendations that fulfil gross requirements by taking into consideration the existing inventory levels and existing purchase orders and production orders. The MRP run also takes into account predefined planning rules such as Order Multiple, Order Interval, Minimum Order Quantity, Inventory Level, and so on.

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