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

Vendor payments


Compiere provides for the processing of payments for Vendor invoices either in batch or via a manual selection process.

Batch processing

Selecting invoices using batch-based criteria is done through the Payment Selection window. Enter a name and bank account for the batch, and then create payment selection lines as follows:

  1. 1. Invoices for Payment Selection Lines are created in batch by clicking on the Create From button selection criteria:

  1. 2. If the user clicks on the Prepare Payment button, the Compiere system summarizes the invoices for payment into Payments to be generated. This is seen through the Prepared Payments tab. Herewith two payments are thus created:

Finally, to print the payments and remittance advice, select the payment batch through the Payment Print/Export menu item and window:

The Payment print would produce the following payment document (which can be formatted for a check layout or payment list):

Manual selection of invoices for payment

The manual selection...