Expanding your business to other markets often involves creation of new legal entities in new regions.
Trading with entities within your group and reporting by entity, and perhaps by region and across your entire group requires a whole new level of sophistication your ERP system may not cater for. Thankfully for SMEs SAP Business One handles these matters offering companies, out of the box, localization for 43 countries and a choice of up to 25 languages.
The SAP inter-company module streamlines trade between legal entities in your group and a third reporting currency provides further flexibility around consolidations and financial reporting.
SAP Business One is a multi currency system that supports multi currency transactions on both the purchasing and the sales ledger and helps manage currency fluctuations and realized and unrealized exchange rate gains and losses.
SAP Business One is available under a fully hosted Cloud subscription model, a rental contract or licensed under a traditional one off license purchase with annual software maintenance, for deployment on premise or at your selected data centre.