What is exact daily base in SAP SBO - SAP Business One?

SAP Term: exact daily base

• Component: SBO

• Component Name: SAP Business One

• Description: A type of Pro rata temporis in which asset values during the course of the fiscal year are calculated proportionally using the actual number of days within the month. For example, January will have 31 days, February will have 28 days on non-leap years, March will have 31 days, and so on.

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• Key Concepts: 
  Exact daily base is a feature of SAP Business One (SBO) that allows users to track and manage their daily business operations. It provides a comprehensive view of the company’s financials, inventory, sales, and customer data. It also allows users to create custom reports and analyze data in real-time. 
  
  How to use it: 
  To use exact daily base, users must first log into their SBO account. Once logged in, they can access the exact daily base feature from the main menu. From there, they can view their company’s financials, inventory, sales, and customer data. They can also create custom reports and analyze data in real-time. 
  
  Tips & Tricks: 
  When using exact daily base, it is important to keep track of all changes made to the data. This will help ensure that all changes are accurately reflected in the reports and analysis. Additionally, it is important to regularly review the data to ensure accuracy and identify any potential issues or discrepancies. 
  
  Related Information: 
  For more information on exact daily base, users can refer to the SAP Business One User Guide or contact their SAP representative for assistance. Additionally, there are many online resources available that provide helpful tips and tricks for using exact daily base.