An implementation project template contains a hierarchical list of all the steps you must complete to perform an SAP Business One implementation. After creating a project template, you can follow the steps to install and configure SAP Business One. You can use implementation projects to do the following: Create a hierarchical list of implementation steps […]
Articles Tagged: sap business one terms
Quick Copy
Quick Copy allows you to copy company configuration information from one company to another and save configuration information in an XML file. Note: To copy data using Quick Copy, you must have the required authorizations. Features You can use Quick Copy to: Open company configurations from XML files Save company configurations to XML files Copy […]
Cockpit
The cockpit is a personalized work center where you can view, search, organize, and perform your regular work and related activities in SAP Business One. The cockpit enables you to: Group your most frequently used functionalities in one place Focus on your responsibilities with the necessary information and data presented to you
Global License
This license file enables you to access and create SAP Business One companies in all localizations supported by SAP Business One. This license is mainly for large customers that have branches in many different countries, and require constant access to the SAP Business One companies in different localizations.
Journal Entry
A journal entry is a logging of a transaction to an account. The journal entry could be either a debit or a credit. If the total of the debits is not equal to the total amount of credits, the journal entry is called “unbalanced”.
What Is A Control Account?
Control accounts are linked to business partners. When a document is posted to the business partner, the journal entry includes also the control account. Each customer has one default A/R control account, and each vendor has one default A/P control account, however it is possible to replace the control account in any document. A control […]
GAAP
GAAP stands for Generally Accepted Accounting Principles.
Additional Excise Duty
A form of excise duty, in India, levied on a select range of products, for the most part, textiles. Valid only for this country: IN
Currency
A medium of exchange in current use within a particular country.
Central Value-Added Tax
A procedure whereby businesses (for example, in India) can offset excise duty on inputs against excise duty on outputs, similar to value-added tax in other countries. Valid only for this country: IN