Book Image

ADempiere 3.4 ERP Solutions

Book Image

ADempiere 3.4 ERP Solutions

Overview of this book

Enterprise resource planning (ERP) systems are essential in today's business market. There are many options for ERP systems; however, ADempiere offers a solid foundation for developing a powerful ERP system that helps your business to manage data efficiently, streamline different processes, lower costs, and improve the efficiency levels without too much complexity. This practical book offers a comprehensive understanding of ADempiere and a look at its main features by way of developing and enhancing a sample case study from concept to deployment. This book will help you model complex business processes with ease. You will learn to install ADempiere followed by configuring the company structure and the initial client set up. You can start working with ADempiere immediately because this book will get you up and running quickly and assumes no knowledge or experience of working with ADempiere. ADempiere3.4 ERP Solutions enables you to set up the accounting parts, define the prerequisite data, learn about product and price management, and perform procurement and sales activities. When you read the book, you'll understand the concept behind the ADempiere workflow and the important function of managing the inventory. Activities such as making user-defined financial reports, procedures on importing data, and security will be covered in detail, and you will also learn about the application dictionary. ADempiere generates accounting facts/journals automatically. In this book, you will understand the impact of these accounting facts in detail. This book will give you a comprehensive study on how to easily implement ADempiere and make the best use of this open source ERP system.
Table of Contents (18 chapters)
ADempiere 3.4 ERP Solutions
Credits
About the Author
About the Reviewers
Preface
Index

Price management


Generally, while talking about the product price, we could categorize or divide it into two parts: purchasing and sales price. This is just an example. We can add an additional type of price. I am wondering how I can manage the purchase and sales prices with ADempiere.

During the creation of both the Purchase Order and Standard Order documents, ADempiere requires a price list. With this requirement, logically, we have to set up a price list.

ADempiere products require a List Price, Standard Price, and Limit Price as part of their price list's information. The following is the meaning of the price list's parts associated with sales price:

  • List Price—is the recommended retail price.

  • Standard Price—is the standard price we sell at.

  • Limit Price—is a price limit that we will sell our products at. We cannot sell our products below this price.

Using the sales price list, the value taken from the List Price will be used when creating a Standard Order document. With this document, we can...