In a recent blog, SAP's Peter Harwich announced new compatibility between SAP's complementary solution (add-on) for intercompany and the branch functionality available in recent releases of SAP Business One.
Branch accounting was a featured topic in two of our Financials month webcasts, so you can check out our webcast recordings to learn more.
About the Update
We encourage you to read the blog for full details, but here's a helpful excerpt:
With multiple branches solution, users can work across branches on one company database. With Intercompany Solution, users can work with different SAP Business One databases, located on same server or at multiple servers.
The option to operate both in parallel extends the possibilities of SAP Business One immensely:
- Enterprises with multiple legal entities may want to use multiple branches solution and intercompany integration solution together to handle various business scenarios such as:
- Using Intercompany solution to integrate subsidiaries in different geographies and using multiple branches solution to handle different business units in one of the subsidiary companies.
- Using multiple branches solution and integrating subsidiaries in different geographies using Intercompany Solution.
- Customers who already use multiple branches for their business units and additionally want to integrate legal units, subsidiaries, or separate SAP Business One company databases, can now extend their software with SAP’s successful add-on for intercompany.
About Branch Functionality
In March, we hosted a webcast to dive into this topic of Branching out with SAP Business One. Richard Duffy, our ONE.Source Subject Matter Expert, discussed how branch functionality works and walked through the setup.
Our monthly webcast cadence with SAP also touched on the topic. SAP's Michael Cardi discussed branch accounting near the 12-minute mark of this webcast.
Additional resources on both SAP's Intercompany add-on and branch functionality can be found in Peter's blog.
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