Contents
- Getting Started
- Quick Start Guide
- Video Tutorials
- Operating Procedure Templates
- Sales
- Operations
- Sales Plans
- Requirements
- Job Cards
- Complete Works Order
- Pick Sales Orders
- Dispatch and Invoice
- Customer Receipts
- Send Purchase Orders
- Create Purchase Orders
- Receive Goods and Create GRN
- Process a Stock Invoice
- Process a Supplier Invoice
- Supplier Payments
- Create a Supplier Account
- Create a Stock and Order Item
- Manufactured Items
- Suppliers Tab
- Ad-hoc Purchases
- Expenses and Cash Purchases
- Payroll
- Frequently Asked Questions
- What should I do with my bank statements?
- How do I account for factoring?
- What should I do with supplier statements?
- How do I claim Expenses?
- When should I use Expense Claims rather than payments from a Director’s Loan account?
- How do I reclaim the cost of using my car on company business?
- Do I always have to create an Employee account?
- Which PAYE Tax Code should I be using for my employee payroll?
- Which National Insurance Category should I be using for my employee payroll?
- What is RTI?
- How do I check my VAT Return?
- When do I use Cash Sales rather than a normal invoice?
- How do I delete a sales order that is part complete?
- Do I credit or refund?
- How do I transact a VAT only purchase invoice or credit?
- Which Bank Account do I use?
- When do I use Asset Items?
- Which Customer VAT Type and Stock Item VAT Rate should I use?
- Implementation Support and Training
- Business Planning & Cashflow
- Part 1 Basic Principles
- Starting Up
- Starting Up – continued
- Starting Up – continued (2)
- Key Points
- The Matching Principle
- The Matching Principle continued
- The Prudence Concept
- Cash vs Profit
- Cash vs Profit continued
- Cash vs Profit continued (2)
- Cash vs Profit continued (3)
- Cash vs Profit continued (4)
- Cash vs Profit continued (5)
- Part 2 Pricing, Variable & Fixed Costs, and Simple Breakeven
- Part 3 Working Capital
- Part 4 Investment Appraisal and Simple Payback
- Part 1 Basic Principles
- Guide to ERP Software
An Enterprise Resource Planning (“ERP”) system typically includes the following:
Sales Order Processing (“SOP”) which handles creation of sales (customer) orders, delivery, sales invoicing, and customer account management, and may include a ‘web shop’ (e-commerce);
Stock Control which keeps track of stock receipts and issues;
Purchase Order Processing (“POP”) which handles creation of purchase (supplier) orders, goods received, purchase invoicing, and supplier account management;
Material Requirements Planning (“MRP”) which aims to calculate what purchases and production are necessary to meet known (sales orders) and/ or projected (sales forecast) demand;
Capacity Planning/ Scheduling also previously called Manufacturing Resource Planning (“MRPII”) which aims to calculate what capacity is required to meet demand.
Many ERP systems include an accounting and payroll function, some provide ‘links’ to popular accounting packages. Those which include accounting and payroll have the advantage of real time updates of customer/ supplier accounting information and greater potential of tracking payroll hours against orders/ projects to identify areas of inefficiency.
You can see an online demo of the Central Accounting ERP system to give you some ideas on how ERP might be used in a number of different business situations to help plan, control, and report on the business operation.
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