Globus Labs - SAP Business One

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 businesses only limited to accounting or managing financial transactions? Certainly, No. There is manufacturing, inventory, sales, planning, procurement, Production, formulation, quality control (QC), regulatory compliance etc., to consider. And to manage all these functions, you need to have a robust and international-standard ERP in place. Quickbooks are incredibly good but ERP solution

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 manage all the business hurdles in a smarter way. Let’s dive deep and know the differences in detail.  Introduction to Tally and SAP Business One Tally ERP is an evolved and extended version of the basic Tally accounting software which is primarily focused on GST, accounting, managing inventory, and other vital back-office functions. Tally is also beautifully integrated among various ar

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:

The Quick Copy is a powerful tool for copying data from one SAP Business One company to another however, it requires planning and understanding in order to best utilize it. This post refers to the major settings that impact the copy process. Copy Method – there are four copy methods, each one serves a different data category: For example, Chart of Accounts is supported only by ‘Delete All Records Then Add New Records’ copy method, while copying Tax Group is supported by all methods except ‘Delete All Records…’. The online help contains a detailed description of the supported copy methods for each data category. Counting on that working assumption,first, you need to select the required copy method and according to this, the respective data categories will be made available in the data categories tree. Another key setting is the Accounting settings – when copying objects related to Chart of Accounts (for example, Items Master Data), you need to determine which account

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 business partner automatically populated in the Logistics tab. When adding items to the document, the shipping type assigned to the items is displayed in the rows, and if no shipping type was assigned, the shipping type defined for the business partner appears by default. If needed, you can change manually the shipping type in line level and document level for the specific document

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 : It helps consumers with products information and the personalized experiences they want. Harness point-of-sale insights and optimize the operations. Consumer products : It analyzes, plan and manages the demand for delivering consumer goods. Industrial machinery and components : Meet the customer demands, improve revenue flow by decreasing supply chain costs, shortening the cycle time

Childhood is probably the most innocent period of our lives packed with sheer innocence, creativity and, imagination. So, when we’re those little creative monsters, we used to think in an imaginary way possible. We have different notions of what makes us those phenomenal, extremely vigilant and smart people. As a child, I always wanted to be Power Angels, Alan Scott, Green Hornet or Captain America. But, as we step into the world of reality, we analyze that our definition of being a super people is changed altogether. Just as in the case of a business, we use the word performer, great asset, and super talented and smart leaders. Now, these people are the ones who are always happier and spread the positivity around us. They are the ones who are striking the right balance between the professional and personal life. They are the real-life heroes who are successful in their domain and are making enough time for leisure activities for hobbies, family and their work. This may probably

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 but don’t know their email address or phone number? SAP Business One feature sends a message to SAP Business One users much like an instant messenger application.  With this amazing feature, you can see a list of users that you would like to connect with. You can converse with them, share some documents using the share button and share information easily.    Shortcuts Functions Many bu

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 One – Setting a foundation for business growth  SAP Business One empowers you to drill down further and gain a key insight as what is impacting your sales figures and what else can be done about it. Further, if you want to automate accounting tasks and manage your business, from every possible angle then SAP Business One is the best software that is not only enterprise-ready but is also af

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 cycle counts on a regular basis: When conducting a frequent count, the counting process is more efficient, takes less time and if inconsistencies are discovered, they are probably minor. Investigating the cause of small inconsistencies revealed during a frequent count may prevent larger gaps in the future. Now, assign the relevant inventory cycle to the respective warehouse, either per item

Why should we consider SAP Business One for further growth? More than 60000 customers globally growing with SAP B1 More than 2700 subsidiaries of many In more than 180 countries SAP B1 is being utilized by SME 45 Localized versions available which includes Indian localization as well. Multi-currency support Possibility of Integration with E-commerce, SAP ECC, other Add-Ons Affordable low total cost of ownership Caters all your departments needs quick and easy to implement. Sales & Opportunity Management Track opportunities & activities from lead generation to winning the account and to track further needs. Inquiry Sales quotation Quotation comparison Sales order Sales & Marketing Acquiring new customers is important for success, but maximizing customer relationships is just as crucial. SAP Business One provides the tools to help efficiently manage the entire sales process and customer’s life-cycle from Initial contact to fina