GST-Ready ERP - SAP Business One
Globus Labs - SAP Business One Blogs
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4y ago
When having an ERP software, you will have to make sure that it is GST ready. Being GST ready helps your business in several ways which is associated with GST compliance, tax filing, reconciling financial transaction and multi-level calculations. Let’s us quickly examine now as the possible areas that your business is in a dire need of GST-ready ERP. Your business has a complex tax structure. A complex tax structure kills your time and you need to avoid it as your business requires your undivided attention than all these calculations that can be easily automated. Multiple tax rates is one ..read more
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Why you should invest in ERP System?
Globus Labs - SAP Business One Blogs
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4y ago
This is probably one of the most tricky questions most small and mid-size businesses face at some point in time to use QuickBooks or invest in an ERP. This question may arise from the need if your organization is either stepping into new markets or experiencing exponential growth or facing some kind of complexity with the legacy software like Quickbooks. Initially, we need to understand that accounting and finance are the two important functions of any business. This is why; many organizations pick Quickbooks that looks after the accounting and finance needs of a business. But, are ..read more
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A Quick Comparison of Tally ERP and SAP Business One ERP
Globus Labs - SAP Business One Blogs
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4y ago
In this highly competitive and ever-evolving IT environment, it is necessary to have a robust software that can mitigate the operational complexities and enable the organization to make informed and strategic decision. there are many software in the market who can simplify the task and manage the complexities, but choosing the most suitable software for your organization is quite a mind-boggling task. Certainly, Tally ERP is the oldest and prominent accounting software while SAP Business One is not just accounting but it is a comprehensive and integrated software that ma ..read more
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How can SAP Business One implementation increase the business revenue?
Globus Labs - SAP Business One Blogs
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4y ago
What is SAP Business One? SAP Business One is a business management software, designed for small and medium-sized enterprises. It is a comprehensive enterprise resource planning software which uses an integrated system to administrate the crucial aspects of businesses such as financial management, sales and customer management, inventory control, business intelligence, and analytics. The software offers industry-specific affordable and accessible solutions. The business solutions are precise and solve the immediate challenges faced by the SME’s. The industry-specific capabilities are: Retail ..read more
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How Do You Ship? Set Shipping Type
Globus Labs - SAP Business One Blogs
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4y ago
Certain products must be shipped in cold temperature, others are very expensive and require secured shipment, and of course we cannot ignore the VIP customers located in distant or isolated areas – for them we hire delivery services from a specific company… many considerations and sometimes constraints dictate how we receive and ship goods. To comply with the various needs and options, SAP Business One enables you to define shipping types and assign the relevant shipping type to the respective business partner or item: When creating marketing document, the shipping type assigned to the ..read more
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Inventory Transfer Request. You should Try It.
Globus Labs - SAP Business One Blogs
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4y ago
If you are managing inventory across multiple warehouses you know how important it is to be able to keep track on items and quantities to the level of the single item. To make your inventory even better organized, SAP Business One provides you with Inventory Transfer Request. An internal document that allows you to record the need in inventory transfer without posting an inventory transaction. It updates the ‘Ordered’ and ‘Available’ quantity in the target warehouse (the same as sales order, production order and reserve invoice) and the respective accumulators in the source warehouse. The In ..read more
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5 Amazing feature of SAP Business One that makes it more loveable
Globus Labs - SAP Business One Blogs
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4y ago
SAP Business One is an affordable, enterprise-ready and intelligent ERP that we love to own.  We are also familiar with the few amazing benefits that it offers like it streamlines business processes, helps in production, scheduling and sales activities, uncover great insights into your business and drive profitable growth. But, there are other amazing features in SAP Business One too that we may not be familiar about. Let’s talk about those hidden gems in SAP Business One that has won the heart of millions of users. Instant Message Application Ever wanted to send a message to user ..read more
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Set Cycles for Inventory Counting
Globus Labs - SAP Business One Blogs
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4y ago
Inventory management is a big deal. You need to store it in appropriate physical conditions, monitor expiration dates, protect it from any kind of damage, and if you made it successfully so far – you must count it accurately to make sure it is reflected in the books correctly. When you count your inventory once or twice a year, each count takes lots of time, usually done in a hurry, sometimes with outsourced help and may reveal significant gaps comparing to the books. To avoid unwanted surprises and continuously increase the accuracy of inventory status, SAP Business One enables you to set cy ..read more
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Set a Response for Exceeding Stock Levels
Globus Labs - SAP Business One Blogs
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4y ago
Keeping the right quantity of each item at all time is practically an art, and when considering delicate or very expensive items – having too many or too little is not an option. SAP Business One enables you to optimize the inventory levels of each item by defining the required quantity, minimum, and maximum levels: Now, choose whether SAP Business One should notify the user or block a transaction in case it causes deviation from the defined inventory levels ..read more
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The Future is Here: SAP Business One Assistant Bot
Globus Labs - SAP Business One Blogs
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4y ago
SAP Business One as we know is smart and international-standard software that simplify the business processes and ease the life of business users and decision makers alike. Whether you are in pharma, retail, healthcare, life science, education, mall management or any other business, you have all reasons to invest in an ERP that empowers you to do a lot more! Should you be needing software that can provide a crystal clear view of sales figures, profit margins, inventory availability and automate every business functions, then SAP Business One is the one you can completely rely on. SAP Business ..read more
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