It does not matter if this is your first time doing month-end financial reporting, or if you have been doing it for the last decade, financial reports always require special attention. Every number is looked at under the magnifier glass and questions are raised. Being able to show the smallest details behind the numbers is critical. In SAP Business One, there is a term called ‘Golden Arrow’ which refers to a link between the financial documents and master data. This enables you to drill down from financial reports directly into the G/L account information in the Chart of Accounts or into the Business Partner master data:
Golden arrows are supported in the following reports: Balance Sheet, Trial Balance, Profit and Loss Statement, Balance Sheet Comparison, Trial Balance Comparison, Profit and Loss Comparison, Balance Sheet Budget Report, Trial Balance Budget Report, Profit and Loss Statement Budget Report.
Available in SAP Business One 10.0, and SAP Business One 10.0 version for SAP HANA. Please get in touch if you would like to upgrade to version 10.0.
We hope that you find this tip useful! For more information on Business One, you can visit our webpage.
Source: Ari Schapira | SAP Business One – The Tip of the Week