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

Introducing accounting dimensions


You may have experienced that when managing and analyzing your outstanding Account Receivable trade account, you needed to create a special account in the chart of accounts for each of your customers, in order to capture and show the customer's AR trade balances, as shown in the table below:

Account

Customer name

Balance

12110

Customer A

1000

12111

Customer B

1500

12112

Customer C

1750

Even though you can use this approach when implementing ADempiere in your organization, it is suggested that you create only one Account Receivable trade account in the system.

If we use only one Account Receivable trade account, then how do we know the Account Receivable balances of each of our customers?

When posting a document, there is some information that gets recorded, in addition to the account information itself. Take a look at one of the examples from the available AR Invoice posting documents in the Invoice (Customer) window. This gives you the accounting...