December 15, 2023

Tips and Tricks for a Smooth Year-End Close in SAP Business One

Blog > Tips and Tricks for a Smooth Year-End Close in SAP Business One

This post was updated in December 2023.

It’s time to close the books.

The year-end close involves reviewing, reconciling, and ensuring every financial transaction and ledger entry from the past fiscal year add up.

If your company runs SAP Business One, watch our web chat featuring Avraham Litzman, an enablement consultant at Vision33.

Avraham has over 17 years of experience with SAP Business One and 11 years with Vision33. His background is in accounting and law, and his previous job titles include controller and CFO.

Avraham enjoys sharing the SAP Business One tips and tricks he’s picked up over the years, and in this web chat, he explains:

How to prepare for the year-end close
How to preserve end-of-year reports
How to manage posting periods
How to ensure a clean year-end cutoff
What you should reconcile besides bank accounts
The best way to record (and remember) year-end accruals and valuations

Tune in to Mastering the Art of the Year-End Close Process for step-by-step instructions for a smooth year-end close.

Vision33 is a multi-award-winning SAP partner who has lived and breathed SAP Business One for over 20 years. We work hand in hand with our customers to help them get the most value out of SAP Business One with ongoing training, integration solutions, and exclusive technologies.

Learn more and join our customer resource center here.