SAP Business One is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a SAP Business One demo, technical support, product or pricing information or to simply to compare SAP Business One with competitive options? Quickly get answers and the information you need.
With the banking and reconciliation functionality in SAP Business One, you can automate and accelerate incoming and outgoing payments. The payment wizard allows you to clear multiple accounts receivable and accounts payable invoices in batch mode for checks and bank transfers. The payments are executed according to your selection criteria and payment methods (such as check, bank transfer, credit card, or cash), and then the journal entry transactions are automatically posted once the process is completed. With the bank statement processing feature of SAP Business One, you can also readily process external bank statements to generate incoming and outgoing payments and to reconcile your balance sheet accounts.
SAP Business One enables you to match payments that are not automatically reconciled, such as payments made “on account,” to open items either automatically or manually through its reconciliation engine. You can filter this engine by general ledger account or by business partner.
"Banking and Reconciliation" is part of the SAP Business One line of products, developed by SAP .
How much can SAP Business One save your business in 2012? ...and 2013? ...and 2014?
Enter your ZIP/Postal Code below to find a SAP reseller near you. (US and Canada only)
Have a SAP Business One expert contact you:
SAP Business One is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.