Founded in 1972, SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, SAP is the world’s third largest independent software manufacturer; with over 54,000 employees in more than 50 countries. Today, SAP services over 172,000 customers in more than 120 countries ranging from small businesses to global organizations.
SAP Business One is SAP’s easy-to-use business management software designed specifically for small and midsize businesses. The integration of Corecon V7 and SAP Business One provides a business solution tailored to the needs of Architecture, Engineering, and Construction (AEC) firms that have revenue of $15-$200 million (USD).
- Eliminates Duplicate Data Entry
- Import/Export/Synchronize Customers, Vendors and Employees
- Setup a Job in SAP Business One using Corecon Project data
- Export Corecon Bills, Sub Invoices and Miscellaneous Expenses to SAP's AP Invoice feature
- Export Corecon Progress Invoices to SAP's AR Invoice feature
The CoreconLink for SAP Business One application transfers information from Corecon V7 to SAP Business One. This application can be downloaded from within Corecon V7 and is typically installed in the accounting department. The points of integration between Corecon V7 and SAP Business One are listed below.
| Startup Phase |
| Companies || <---> || Customers |
| Typically, an organization will implement Corecon either before or at the same time as SAP Business One. Given this scenario, the CoreconLink application would be used immediately to copy customers and vendors to either system. |
However, after the implementation phase is complete, the estimating staff will pursue project leads and generate estimates in Corecon. If a lead has been awarded, the new customer and those vendors that have supplied the most competitive pricing are transferred to SAP Business One if they are not already present.
| Employees || <---> || Employees || Like Business Partners, Employees are typically copied in the implementation phase from Corecon to SAP Business One or vice versa. |
| Tax Codes || Linked |
| Tax Codes || Depending on the country, Tax Codes can represent sales tax, GST, PST, HST or VAT codes and are referenced on financial transactions such as those shown below. Tax Codes should be identical in both systems along with the rates. Having these codes linked will alleviate the accounting administrator of having to specify the correct code when sending transactions over to SAP Business One. |
Note: If Tax Codes are already setup in SAP Business One, one can import these codes into Corecon.
| Project Setup Phase |
| Projects || ----> || Jobs || If a Project in Corecon has been awarded, management or accounting staff would then setup the Project Directory, Job Cost Codes, Prime Contract and budgets. With exception for the Project Directory, Corecon includes wizards that can automatically setup this information from a Corecon estimate or spreadsheet. Once this is complete, the CoreconLink would then be used to create the Job in SAP Business One. |
| Job Cost Codes || Linked || Items |
Chart of Accounts
| All financial transactions in SAP Business One (i.e. AP Invoices and AR Invoices) require either an Item or Chart of Account reference for the line items. Since project financial transactions will be entered in Corecon and then transferred to SAP Business One, the CoreconLink has a feature to create relationships between Corecon's Job Cost Codes and SAP's Items and Chart of Accounts. Similar to linked Tax Codes, this will alleviate the accounting administrator of having to specify the correct item or account when exporting transactions. |
| Project Transactions: Accounts Payable |
| Bills * || ---> || AP Invoices || Vendor Bills that originated from a PO must be entered in Corecon first and then sent to SAP Business One. Typically, these type of transactions are for materials or simple services. |
| Sub Invoices * || ----> || AP Invoices || Sub Invoices derive from Subcontracts and the invoice process in Corecon changes based on the contract type: fixed lump sum, cost plus or unit price. In addition, Sub Invoices can include retainage (i.e. holdbacks). Like Bills, Sub Invoices are entered in Corecon and then exported to SAP Business One. |
| Project Transactions: Accounts Receivable |
| Prime Invoices * || ----> || AR Invoices || Prime Invoices are entered in Corecon and then exported to SAP Business One. Like Sub Invoices, the billing method for these transactions are based on the contract type and can include retainage. |
* If the transaction has a negative total, it will then appear as a credit in SAP Business One.
Lined Records are manually linked.
<---> Data can be imported/exported to either system
----> Corecon exports to SAP Business One
<---- SAP Business One exports to Corecon
What versions of SAP Business One are supported? 8.81 and 8.82
What operating systems are supported? Windows Vista or Windows 7 operating systems
What is the price of the CoreconLink? $10 per month per company
Can I install the CoreconLink on multiple computers? Yes