What is comparison period in SAP SBO - SAP Business One?

SAP Term: comparison period

• Component: SBO

• Component Name: SAP Business One

• Description: The period of time a comparison report is based on. The period is determined by the date of the transaction, for example the tax date or transaction date.

Smart SAP Assistant

• Key Concepts: 
  Comparison period in SAP Business One (SBO) is a feature that allows users to compare the current period’s financial data with the same period from the previous year. This comparison helps users to identify trends and make informed decisions. 
  
  How to use it: 
  To use the comparison period feature, users must first select the period they want to compare. This can be done by selecting the “Comparison Period” option from the “Financials” tab in SBO. Once selected, users can view the financial data for both periods side-by-side. 
  
  Tips & Tricks: 
  When using the comparison period feature, it is important to remember that only financial data from the same period of the previous year will be displayed. For example, if you select a comparison period of January 2020, only financial data from January 2019 will be displayed. 
  
  Related Information: 
  The comparison period feature is a great way to identify trends in your business’s financial data. It can also be used to compare different periods of time, such as comparing quarterly or yearly data. Additionally, this feature can be used to compare different companies or departments within a company.