Introduction

ERPNext is a full featured business management solution that helps SMEs to record all the business transactions in one system. Further, SMEs can use it to make informed, fact based, timely decisions & remain ahead of the competition. It serves as the backbone of a business to add strength, transparency and control to your growing enterprise.

Among other things, ERPNext will help you to:

• Track all invoices and payments.
• Know what quantity of which product is available in stock.
• Identify and track your key performance indicators (KPI's).
• Identify open customer queries.
• Manage payroll.
• Assign tasks and follow up on them.
• Maintain a database of all your customers, suppliers and their contacts.
• Prepare quotes.
• Tracking your budgets and spending
• Determine effective selling price based on the actual raw material, machinery and effort cost.
• Get reminders on maintenance schedules.
• Publish your website.

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Accounting

Whether you have an accountant in your internal team OR you do it yourself OR you have chosen to outsourced it, the financial accounting process is almost always at the center any business management system (aka an ERP system).

In ERPNext, your accounting operations consists of 3 main transactions:

• Sales Invoice: The bills that you raise to your Customers for the products or services you provide.
• Purchase Invoice: Bills that your Suppliers give you for their products or services.
• Journal Entries: For accounting entries, like payments, credit and other types.

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CRM

ERPNext helps you track business Opportunities from Leads and Customers, send them Quotations and make confirmed Sales Orders.

The CRM Module helps maintain Leads, Oppurtunities and Customers.

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Assets Menagement

In ERPNext, you can maintain fixed asset records like Computers, Furnitures, Cars, etc. and manage their depreciations, sale or disposal of those assets. It gives you to track locations or keep records of the employees to whom the asset has been assigned. You can also manage maintenance details of the assets.

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Selling

Selling is the communication that happens with the customer prior to and during the sale. You might be managing all the communication yourself or you may have a small team of sales people to handle this. ERPNext helps you track the communication leading up to the sale, by keeping all your documents in an organized and searchable manner.

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Buying

If your business involves physical goods, buying is one of your core business activity. Your suppliers are as important as your customers and they must be provided with as much accurate information as possible.

Buying in right amounts, in right quantities, can affect your cash flow and profitability.

ERPNext contains a set of transactions that will make your buying process as efficient and seamless as possible.

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Manufacturing

ERPNext comes batteries included for all requirements of a manufacturing business like Bill of Materials tracking, Production Order planning and execution, procurement and lot more.

The Manufacturing module in ERPNext helps you to maintain multi-level Bill of Materials (BOMs) for your Items. It helps in product costing, production planning, creating work orders for your manufacturing shop floors and planning inventory by getting your material requirement via BOMs (also called Material Requirements Planning MRP).

You can also effectively track operations like:

• Production Orders against customer's Sales Order
• Material Planning
• Purchasing based on Material Planning an reorder level
• Track actual material transfer against a Production Order
• Despatched manufactured items to the Customers
• View reports

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