Currency Reconciliation – SAP Business One 9.0

Today’s Blog features what’s new in SAP Business One 9.0 and focuses on areas of enhancement and new features related to Currency Reconciliation.  SAP Business One 9.0 (now available) contains enhancements and additions meant to support the growing needs of the small and medium enterprise companies.  So, what’s new in SAP Business One 9.0?

  • Reconciliation functionality in SAP Business One supports System Currency management.
  • New posting accounts added to enable automatic postings for internal reconciliations

SAP Business One 9.0 has new enhancements with regards to System Currency Reconciliation. This new functionality enables the system to reconcile accounts. The reconciliation functionality in SAP Business One supports System Currency management, an important concern for management.

The reconciliation functionality has also been expanded to include new posting accounts that automatically get updated when performing any type of internal reconciliation. This new functionality is also very important, not only to management, but to the internal accounting department. These new posting accounts that get updated by the system can be seen by the internal accounting department, allowing them to verify that every minute transaction has been included.

Another benefit that comes with the new enhancements in SAP Business One 9.0 currency reconciliation is that you can display system currency balances due, in various windows, and reports. When running new reports, you can view the system currency balances that have been updated.

This is one of the many reasons you will to do an SAP Business One Upgrade.  To see the many other features in this new release check out this post on what’s new.

As an SAP Business One Reseller, we would be happy to assist you in understanding all the new features and how to utilize them in your business.

For more information on SAP Business One, check out our Blog.  You can also contact Clients First Business Solutions for Support of SAP Business One.  Clients First can be reached by phone at (888) 239-2818.

 


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