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

Chapter 4. Product and Material Management

Products are an integral part of the ERP transactional process, and thus require a detailed explanation in the setup process, not only from the master data point of view but also for transactional processes. Material transactions are warehousing and physical inventory processes and controls.

We will therefore describe how Compiere handles Product and Materials Management. In this chapter we shall:

  • Give you an overview of the concept of a product

  • Show you how to set up price lists and discount schemas

  • Give you an overview of materials management in Compiere, including warehousing, product quantities, and moving inventory

  • Describe how to set up the replenishment of a product

  • Give you an understanding of costing and accounting principles

  • Give you an overview of the standard reports and business reporting views available

The product definition

The concept of a product in Compiere is that it is something that you buy or sell and has a price. It would include...