Asset Capitalization
Asset Capitalization The Asset Capitalization functionality in ERPNext delivers an enhanced and systematic method of converting stock items and existing assets into a new composite asset, along with maintaining full traceability and financial accuracy. This feature is particularly handy when companies are constructing advanced assets—such as machinery or equipment—from various components or aggregating previously capitalized assets into […]
Stock Reposting Settings
Stock Reposting Settings Stock Reposting Time Limit If you wish to run Stock Reposting Settings during a specified time window, tick this box. When reposting during peak working hours, this helps prevent deadlock problems. Limits Are Not Applicable To If you want reposting to happen all day, use this […]
POS Invoice Consolidation
POS Invoice Consolidation Through POS Invoice Consolidation, ERPNext Version 15 optimises the Point of Sale (POS) system for speed and scalability. Sales made during a POS session no longer instantly update the stock and accounting ledgers in order to improve performance. Rather, each transaction creates a POS invoice, an intermediary document that is posted to […]
Migrate To Perpetual Inventory
Migrate To Perpetual Inventory In the present system, perpetual Inventory Valuation is activated automatically. In case you have already prepared for the Periodic Inventory Valuation method and wish to upgrade to the perpetual Inventory Valuation system, follow the following steps: 1. How to Migrate to Perpetual Inventory To allow Perpetual Inventory, a proper alignment […]
Activity Cost
Activity Cost An Activity Cost in ERPNext captures the per-hour billing and costing rate for every employee, assigned to a particular Activity Type. This allows proper computation of labor costs and billing for every time entry in a project. These rates are automatically pulled whenever employees enter time in timesheets, so that project expenditures and billing […]
Change Valuation Method
Change Valuation Method The Change Valuation Method specifies how ERPNext will compute the value of stock of items upon making inward/outward transactions. ERPNext has the following methods supported: FIFO (First In, First Out): Applies the cost of the oldest stock first. Moving Average: Applies the average cost of all stock available after each inward transaction. […]
Salary Structure Assignment Tool
Salary Structure Assignment Tool You can create a uniform pay structure for multiple employees using the Salary Structure Assignment Tool. This feature enables you to offer a single pay plan to a large number of consumers simultaneously. It saves the payroll and HR staff a great deal of time and keeps everything the same. […]
Bill of Materials
Bill of Materials On the latest ERPNext, the Bill of Materials (BOM) is an important master document utilized to detail the entire make-up of a manufactured product. It comprises all the raw materials, sub-assemblies, operations, and quantities needed to manufacture a finished product, and acts as the basis of production, costing, and inventory planning activities. The […]
Field Level Permission Management
Field Level Permission Management Field restriction based on Roles can be simply controlled with the help of Field Level Permission Management. This is a very Popular feature in companies due to the fact that it enables the administrator to decide precisely which users have permission to view or edit particular fields of a document. […]
Lead
Lead A Lead in ERPNext is a prospective customer who has expressed interest in your products or services but has not yet qualified as an opportunity. To get the customer in the door, you might be doing all or some of the following: Putting your product or service on business listings. Having a current, […]
