Founded in 1972 as Systems Applications and Products in Data Processing, SAP is the recognized leader in providing collaborative business solutions for all types of industries and for every major market. Serving more than 41,200 customers worldwide, SAP is the world’s largest business software company and the world’s third-largest independent software provider overall.

SAP America represents its German parent in the United States, providing world-renown enterprise software and services for managing accounting, distribution, human resources, and manufacturing functions. The company’s products include end-to-end applications for business intelligence, enterprise resource planning, customer relationship management, and supply chain management applications.

SAP America offers industry-specific solution sets for markets ranging from aerospace and defense to wholesale distribution. Its services include consulting and support, as well as custom development and application hosting.

SAP Accounting Products
SAP Business One is affordable, easy-to-use business management software designed specifically for small and midsize businesses. It enables you to manage your critical business functions across sales, distribution, and financials, all in a single integrated system. With SAP Business One, you can instantaneously access a complete and up-to-the-minute view of your business, so you can respond to customers faster and grow your business more profitably.

The SAP Business One application offers a comprehensive and integrated set of tools to effectively manage all financial processes in your organization. As the core functionality of SAP Business One, financials management incorporates all key accounting processes, such as journal entries, accounts receivable, and accounts payable. Real-time accounting functions trigger accounting postings automatically when relevant business events occur.

SAP Business One supports automatic tax calculations as well as multi-currency transactions. Posting templates and recurring postings further streamline and simplify your accounting processes.

Controlling software in SAP Business One allows you to define and manage budgets and compare actual and planned figures at any time to get an accurate and up-to-date picture of your business. Profit or cost centers are easily created and let you allocate revenue and expenses according to distribution rules – which are customizable and specific to your business.

The banking software in SAP Business One provides all the tools and functionality necessary to manage all your payment processing, including checks, cash, credit cards, and bank transfers. The reconciliation tool allows you to easily reconcile incoming and outgoing payments with vendor and customer invoices.

SAP Business One offers powerful financial reporting tools such as balance sheets, profit and loss statements, cash flow statements, and aging reports. The XL Reporter tool in SAP Business One enables the seamless integration of financial reports into Microsoft Excel templates.

SAP Key Strengths

• The SAP Business One application offers a comprehensive and integrated set of tools to effectively manage all financial processes in your organization.
• As the core functionality of SAP Business One, financials and accounting management incorporates all key accounting processes, such as journal entries, accounts receivable, and accounts payable.
• Real-time accounting functions trigger accounting postings automatically when relevant business events occur. SAP Business One supports automatic tax calculations as well as multi-currency transactions. Posting templates and recurring postings further streamline and simplify your accounting processes.
  
• SAP Business One offers powerful financial reporting tools such as balance sheets, profit and loss statements, cash flow statements, and aging reports. The XL Reporter tool in SAP Business One enables the seamless integration of financial reports into Microsoft Excel templates.
  
• The banking software in SAP Business One provides all the tools and functionality necessary to manage all your payment processing, including checks, cash, credit cards, and bank transfers. The reconciliation tool allows you to easily reconcile incoming and outgoing payments with vendor and customer invoices.
  
• Profit or cost centers are easily created and let you allocate revenue and expenses according to distribution rules – which are customizable and specific to your business.
  

SAP Corporate Information
SAP boasts a rich history of innovation and growth that has made the company a true industry leader. Today, SAP employs more than 41,900 people in more than 50 countries. Its professionals are dedicated to providing the highest level of customer service and support. SAP has leveraged its extensive experience to deliver a comprehensive range of solutions to empower every aspect of business operations.