How To Use The Payment Wizard

SAP Business One provides a payment wizard that allows you to create outgoing payments in batches for checks and bank transfers, and to batch process incoming payments by bank transfers. The payments are created according to your selection criteria and payment methods. Using the payment wizard requires the following steps to properly prepare the relevant […]

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What Is Account Segmentation?

A bookkeeping method of creating account codes based on the hierarchical structure of a business. The individual segments correspond to different business units, such as company, division, region, department, group, and so forth, and to different categories, such as travel expense, box office revenue, product line, and so forth.

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How To Create an Incoming Payment For A Specific Invoice

Here’s how to create an incoming payment for a specific invoice in SAP Business One: 1) Navigate to: Banking > Incoming Payments > Incoming Payments 2) In the code field of the Incoming Payments window, type an asterisk (*) and hit enter to populate the list of Business partners. Select the appropriate business partner by […]

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How To Use The Incoming Payments Window

The Incoming Payments Window is used to create a new record for each payment the business receives from a customer, account, or vendor. An incoming payment can be recorded for any of the following methods of payment: Cash Check Credit card Bank transfer Bill of exchange When you add a new incoming payment: A corresponding […]

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How To View Deposits Made By Date In SAP Business One

To view the deposits made on any given date, follow these steps: 1) Navigate to: Banking > Deposits > Deposit 2) Search the Deposit Date and a List will come up with Deposit Totals 3) Choose any one to get the detail Note: You can also print from these screens    

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Does SAP Business One Support Multi-Currency?

Yes. SAP Business One supports multi-currency transactions which is ideal for businesses who purchase or sell in countries outside of the United States. The multi-currency functionality in SAP Business One allows you to define a currency for each business partner & general ledger account, while automatically suggesting the currency you have defined as default. Multi-Currency […]

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How To Run A Payment Drafts Report

The Payment Drafts Report can be run to display and process drafts of outgoing and incoming payments. To run the report, inside the SAP Business One application navigate to: Banking > Banking Reports > Payment Drafts Report  

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What Is the Banking Module?

The Banking Module handles the full range of monetary transactions. In addition, you can use Payment Engine to process automatic payments. This is a screenshot of the Banking Module Menu in SAP Business One:  

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