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

Account receivable payment


Our accounting person receives the following email from a customer:

Dear Supplier,

Thank you for delivering the goods. The required amount will be transferred to your bank account today. Enclosed is a scanned copy of the TT (Telegraphic Transfer )

Thanks and regards,

Liz Claiborne

Accounting Department

Great! The company has finally received the payment from its customer.

Customer payment

Based on the confirmation from the customer, the company can make an entry for the received payment in ADempiere, as follows:

  1. Navigate to the Menu | Open Items | Payment window.

    Note

    This window is the same window as the one that you encountered when making the payment to the vendor in the Account Payable payment section of Chapter 5, Procurement Activities. The difference between the vendor payment document and the customer payment document is the Document Type.

  2. To book a customer payment, we will use AR Receipt (Account Receivable Payment) as the document type.

  3. According to the TT document...