Book Image

Compiere 3

By : Andries L Pretorius
Book Image

Compiere 3

By: Andries L Pretorius

Overview of this book

Compiere is a world leading open source commercially supported ERP system. Very large companies have already chosen Compiere over traditional systems. By its nature ERP is a complex subject and while you may be familiar with ERP this book will introduce you to the concepts of Compiere. Here you will learn the Compiere essentials quickly and concisely.The aim of this book is to get you up and running with Compiere through a practical hands on approach. This book will also give you an overview of the main Compiere business process aspects. This book will help you get comfortable with using and exploring the Compiere system as you prepare for a roll out in your organization.Maturing from an open source project to a leading edge competitor in the ERP space, Compiere offers what other traditional big name systems lack. Offering its best of class functionality on a model driven architecture, the latest enterprise platform independent web technologies (GWT, Java, JBoss, Oracle, Postgress), while maintaining openness, value, flexibility, scalability and most of all an integrated ERP platform that can be extended upon with ease.In this book we will introduce you to understanding Compiere functionality exploring the different essential business processes. We will cover the setup, the business processes of sales, purchasing, inventory, financial management as well as advanced aspects like workflow, project planning and migration.Every chapter is illustrated by example so as to facilitate quick and practical reading. This is not a Java programming manual and the book’s aim is to take your basic knowledge of the ERP environment and ensure a proper practical understanding of the critical functional aspects during the Compiere implementation process.
Table of Contents (13 chapters)
Compiere 3
Credits
About the author
About the reviewer
Preface

Accounting setup flow


The recommended sequence of set-up of Compiere accounting can be illustrated as follows:

Calendar year and period

Depending on the requirements of the enterprise, the calendar year and period setup requires the definition of the calendar year (for instance 2010, 2011, or 2012) as well as the periods for that year (the financial reporting months).

The default set-up is illustrated as follows, through the Calendar Year and Period menu item:

Once a year has been defined the Create Periods process will create the standard calendar periods from January to December. The screenshot above shows the 2010 year after the periods have been created. The user has to re-state calendar periods to the financial year and not be calendar-based.

Further to this is the important aspect of Period Document Control. Based on the system-defined document base types, a period can be opened or closed to allow or prevent a particular document type to be posted to that period. A typical example...