Fixed Assets is Built Into SAP Business One
With SAP Business One Fixed Assets, you can regularly reviewing your company’s expenses against revenues for a period of time. With the fixed assets that is built into SAP Business One, you can easily see and track your item’s: total cost, depreciation, exact location, who is using what, when things are checked out, when they’re due back to the place of origin and crucial maintenance or repair schedules. All of this information can be captured and stored within the SAP Business One software system. The data can be used to prevent loss, maintain your goods, cut expenses such as unnecessary equipment purchases and perhaps most significantly quickly provide accurate tax calculations. In addition, reporting options are built into SAP’s asset tracking software.
So, you’ll have pre-built reports that enable you to keep track of the usefulness of equipment, tools, etc. The fixed assets provides you with the tools necessary for planning the depreciation of your items using a new depreciation method. Further, you can quickly calculate the depreciation of fixed assets with the monthly base. You can also easily manage fixed assets-related information in item master data.
Easily Purchase and Sell Your Fixed Assets Using:
- A/P invoice
- A/P credit memo
- A/P reserve invoice
- A/R invoice
- A/R reserve invoice
Easily Manage Your Fixed Assets
- Create payments with cash discount for purchased fixed assets. SAP Business One credits the discounted part from the fixed assets by automatically creating a capitalization credit memo
- Change the asset class of a fixed asset by creating a transfer document
- Appreciate a fixed asset by creating a manual depreciation document
- Apply more than one set of accounts to each fixed asset, so that the asset depreciation and transactions can be posted to more than one set of journal entries at the same time
- Perform fixed asset revaluation
- Apply multi-dimensions to fixed assets in cost accounting
- View the statuses and detailed transactions of your fixed assets in the following two reports:
- Asset Status Report
- Asset Transaction Report
- Import fixed assets from Microsoft Excel files
SAP Business One Software for the Modern User Experience
Single Database — All of your business data is in one unified software system of unified:
- Financials
- Sales Opportunity Management
- Order Entry / Sales Orders
- Accounts Receivable (A/R)
- Accounts Payable (A/P)
- Warranty
- Customer Relationship Management (CRM)
- Customer/Vendor Mgmt
- Banking
- Inventory Management
- Return Materials Authorization (RMA)
- Production Entry
- Material Requirements Planning (MRP)
- Fixed Assets
- Service Management
- HR Management
- Crystal Reports Reporting Engine
SAP Business One Business Management Enterprise Resource Planning Software
Looking for amazing business software to make operations lean and substantially increase the efficiency of your entire organization? Search no more: SAP Business One
Simple and Easy Business Management Software
Role-based –Use Cockpits with Dashboard
Simple to Customize — Software development kit (SDK) built in
Personalized — You can set it up so that you use only the functionality that helps you complete tasks at peak performance
Global Search — Search for any kind of data from anywhere in the SAP Business One system
One-click Drill Down — Easily access the information you need with one click drill down (golden arrows) capability
Business Intelligence and Analytics — Crystal Reports is built in
Access SAP Business One from your Mobile Device
SAP’s Fastest selling Enterprise Resource Planning (ERP) System for Small and Medium-sized Businesses
SAP Business One Software is provided by the largest business management software company and global ERP leaders: SAP.
See why SAP Business One is the fastest selling ERP on the market.
For fast answers to your SAP Business One questions, feel free to connect with Certified SAP Business One Consultant. Elle is looking forward to speaking with you soon.
Cornerstone Consulting is a SAP Business Partner and Reseller of SAP Business One
Cornerstone Consulting, Inc. is a SAP Business Partner, top value added reseller (VAR) of SAP Business One (also known as SAP B1) enterprise resource planning (ERP) and leading provider of the e-Commerce add-on application for SAP B1. Founded in 1983, Cornerstone is a privately-owned information technology (IT) company that provides a full suite of software and technology solutions to numerous small and midsize business clients in North America, Europe, South America, the Caribbean and Canada. Cornerstone Consulting’s corporate office is located in Tampa, FL.
Contact Cornerstone for SAP Business One
If you’re interested in working with an innovative 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, material requirements planning (MRP), e-commerce, and more. Cornerstone’s highly-skilled programmers, trainers and consultants specialize in providing our Manufacturing, Wholesale Distribution, Professional Services and Online Retail clients with optimal business process configuration, integration and automation.