Amazing Enhancements Made to Business One
Recently, SAP introduced the latest version of SAP Business One, 9.0. In addition to enhancements made to the Administration, Accounting, Inventory, Banking, Sales and Purchasing functionality of the ERP system, SAP added the Business One Improvement Program to the application. The Improvement Program enables users to provide their feedback about the SAP Business One (SAP B1) enterprise resource planning (ERP) system to SAP. When you participate in the SAP Business One Improvement Program, you have the option to provide feedback to SAP. The application collects diagnostic and usage information about how you use SAP, completely anonymously, and provides SAP with feedback to better understand your needs and improve product quality. In turn, that allows SAP to provide enhanced utility of specific products.
As you might expect, SAP constantly improves its enterprise resource planning systems. SAP continually develops their business software solutions to ensure that the systems work efficiently while aiding your business. SAP recently released SAP Business One version 9.0 which adds a great deal of value to your business processes. Below are some additional highlights of Version 9.0:
Enhancements were made to the Master Data Cleanup Wizard within SAP Business One. This feature was enhanced to support data privacy protection for business partners, business partner contacts and employee master data. It also offers users the choice to deactivate business partners and employees, with an option to reverse the status at any time.
Within this the version 9.0 of Business One, users can enjoy a flexible system that is centralized and has inventory G/L account determination capabilities. With this G/L determination, you can assign inventory G/L accounts by item groups, items, warehouses, business partner groups, tax IDs, ship-to countries, ship-to states, or any combination of them.
With respect to managing fixed assets using a fully integrated solution, within the most current version of SAP Business One, 9.0, you can plan the depreciation of your fixed assets using a new “Straight Line Period Control” method. Further, you can also (a) calculate the depreciation of fixed assets with the monthly base, (b) manage fixed assets-related information in the item master data category and (c) account for purchases and sales of your fixed assets. Further, can create payments with cash discounts, change the asset class, appreciate a fixed asset and track the statuses and detailed transactions by means of two new dynamic reports.
Sales and Purchasing
The latest version of Business One allows for the cancellation of Sales and Purchasing documents. In SAP Business One 9.0, you can cancel most sales and purchasing documents that usually trigger postings. As a result, a corresponding cancellation document is created to reverse the associated accounting, tax, and inventory changes.
With regard to Purchase Requests, users can now initiate an internal purchase process when you create a purchase request document for items or services. Further, you’re able to copy it to a purchase quotation or purchase order.
Bin Locations are now in SAP Business One. Within Business One 9.0, you can easily manage bin locations for your warehouses and enable bin location function for individual warehouses. After enabling the bin location function, you can record bin locations in the warehouses for all receipts and issues of inventory. During the receipt, issue, and transfer of goods, 9.0 allows you to automate the process of allocating goods to and from bin locations. To facilitate the management of bin locations, SAP Business One 9.0 supports the generation, update, and deletion of bin locations in batches. Additionally, you can get an overview of all bin locations and check the inventory statuses and movements in bin locations using select reports.
Implementation and Configuration
Business One 9.0 now includes an Implementation Center. It is a central location for the implementation and configuration of SAP Business One. The implementation center offers users the ability to configure company settings, generate configuration reports, migrate data from legacy systems, copy data between companies, and execute implementation projects, and more.
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We enjoy listening to our potential client’s ideas concerning streamlining operations, finding new customers, as well as hearing about the many ways they’d like to grow. We make it easy for you to discover if the business management solution, SAP Business One, will be the a good enterprise resource planning (ERP) solution for your growing small or midsize organization. To start the ERP conversation today, call us at 813-321-1300.
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With SAP Business One ERP and SAP Gold Partner, Cornerstone Consulting, Your Business Can Run Better Than Ever Imagined
Why do so many growing Manufacturing, Online Retail and/or Wholesale Distribution businesses located in FL, as well as companies located through out the U.S., rely on Cornerstone for enterprise resource planning (ERP) systems, related services and technical support? As an award-winning Top Value Added Reseller and SAP Gold Partner, simply stated, our expertise is superior. Cornerstone Consulting has been providing state-of-the-art business software systems, as well as related technical support, to small and mid-sized manufacturing and wholesale distribution enterprises for more than thirty years.
Cornerstone Consulting’s areas of expertise include, but are not limited to:
- SAP Business One
- SAP HANA
- Business Intelligence (BI)
- Business Analytics
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- Cloud Computing
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- Software as a Service (SaaS)
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If you’re interested in working with an advanced technology consulting, web development, and IT firm specializing in business automation and optimization, you have found your dream team. You can rely on Cornerstone to provide outstanding software products, related services and technical support for all areas of your small or medium sized business, such as: financial accounting, operations, customer relationship management, sales, inventory control and tracking, warehouse management, e-commerce, and more. Cornerstone’s highly-skilled programmers, trainers and consultants specialize in providing our Manufacturing, Wholesale Distribution, and Online Retail clients with optimal business process configuration, integration and automation.
Thinking about making your business highly competitive? We’d like to hear your ideas concerning re-engineering your operations with cutting-edge software and technology. We’re excited to discuss how your small or medium enterprise (SME) can not only run better but also out-smart your competitors. Call us today at 813-321-1300!