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SAP TIP OF THE WEEK #8

SAP TIP OF THE WEEK #8

  Running projects and managing cost accounting? You probably invested significant effort in planning and initial definitions - project codes, cost centers, distribution rules, and more. Everything to ensure that each transaction is recorded with the right details and allocated to the right project or cost centers. But even when thorough prep is done, during [...]
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ALCE | Success Case

ALCE | Success Case

The company ALCE Alumínios successfully implemented the SAP Business One metalworking solution in just 5 weeks. Supported by SAP Business One ERP for PME's, ALCE has met the following ERP objectives for starting up the new business: Provide full color, finish / size configurable aluminum solutions tailored to customer needs. Streamline the entire logistics process, [...]
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SAP TIP OF THE WEEK #7

SAP TIP OF THE WEEK #7

Set Exchange Rate for Purchasing Docs   Foreign currencies always raise the level of complexity in business. There are the initial settings of currencies, accounts, and business partners, the ongoing maintenance of exchange rate table, an much more. Since exchange rates can be very dynamic, the dates used when recording transactions in foreign currencies are [...]
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TOP 10 Business Priorities

TOP 10 Business Priorities

Like all businesses, midsize companies are facing new challenges and opportunities as they strive to flourish within the modern digital economy. Your company can take advantage of the benefits of its size, such as being able to innovate quickly with greater agility and less bureaucracy, while also preparing to scale and expand into new markets [...]
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SAP TIP OF THE WEEK #6

SAP TIP OF THE WEEK #6

Set Gross Profit Rate for Service Docs Lots of planning, research and thinking are invested when pricing goods. One of the factors taken into consideration is making sure the desired gross profit rate of the goods sold is achieved. But what about services? Many businesses are selling services such as consulting, coaching, etc. either as [...]
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SAP TIP OF THE WEEK #5

SAP TIP OF THE WEEK #5

Your Business, Your Document Titles Some may call it terminology, others may say it’s an industry jargon, or maybe it is the local practice? no matter why, it is quite common that in different companies same documents are named differently. For example A/R invoice is sometimes referred to as “Customer Invoice” and Goods Return as [...]
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SAP TIP OF THE WEEK #4

SAP TIP OF THE WEEK #4

Alternative Items Can Save The Day Business-related data is sacred. Maintaining and optimizing the essential details of our business partners is a critical and never-ending task. Take addresses for example. Shipping and billing addresses of business partners are very dynamic. It is not uncommon that customers or vendors open new branches, move offices to different [...]
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SAP TIP OF THE WEEK #3

SAP TIP OF THE WEEK #3

Optimizing the Payment Wizard Run Batch processes are great! The satisfaction of having an automatic (or semi-automatic) way for processing or generating efficiently large number of items or documents is priceless. But as much as we embrace automation we all recognize that there are exceptions that don’t fit the regular process. Take payments for example. [...]
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SAP TIP OF THE WEEK #2

SAP TIP OF THE WEEK #2

Be Positive – Block Negative Inventory When managing inventory, one of the key challenges is storing the right quantities. Too many items in stock increase storage expenses and products with expiration date may get lost, while too little inventory may lead to shortage, delay in supply and unhappy customer. But this is not all – [...]
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SAP TIP OF THE WEEK #1

SAP TIP OF THE WEEK #1

We swim in an ocean of information that we collect, record, and maintain on a regular basis. Everybody knows that having the accurate details of your business partners is essential for sunning a successful business. Take addresses for example. Each business partner may have multiple shipping and billing addresses, especially those that are spread across [...]
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SAP HANA

SAP HANA

Is the first transactional and analytical business application for small businesses. This innovative technology provides you with real-time insight and transparency in one super-fast solution. The unique in-memory database can analyse huge amounts of data as it’s created, without complex layers of data management and storage associated with other SAP Business One platforms. Your business [...]