Fiscal Year
Fiscal Year In ERPNext A Fiscal Year refers to the 12 months utilized for accounting and reporting the financial transactions of a firm. Also known as a financial or budget year, it’s employed for financial statement preparation of firms and other enterprises. A Fiscal Year may be identical with the calendar year or vary, […]
Item Price
Item Price Item Price is a record utilized to specify the selling and/or buying rate of an item in ERPNext. It accommodates various pricing scenarios such as various currencies, price lists, UoMs, customer/supplier-based pricing, and validity periods. 1. Creating an Item Price There are two methods for creating an Item Price: 1. From […]
Sales Partner
Sales Partner Sales Partners are people or companies that assist you in getting business. In ERPNext, sales partners can be assigned different roles like channel partner, distributor, dealer, agent, retailer, implementation partner, or reseller, etc. You may assign a commission percentage to every sales partner. If the sales partner is associated with […]
Warranty Claim
Warranty Claim A Warranty Claim within ERPNext is a formal application by a customer for free replacement, repair, or service during the warranty period of your product or service. It is an important Aspect of after-sales support that enables organizations to efficiently deal with after-sales service commitments. Your company sells products and has a warranty period or […]
Scrapping an Asset
Scrapping an Asset Scrapping an Asset is when an asset cannot be used further or has completed its useful life; it is scrapped. You may scrap an asset at any time using the “Scrap Asset” button on the Asset record. You will be prompted for confirmation. Click on Yes, and the asset will be […]
Assets
Assets Assets in ERPNext are anything or an item of value that a company Owns and Possesses, and one that would be able to yield economic returns in the long run. The assets of an organization are usually classified as either tangible assets, like furniture, machines, vehicles, and computers, or intangible assets, like software […]
Asset Location
Asset Location The location component of assets within ERPNext lets you define and manage physical or geographical locations where the assets of your organisation are either in use or stored. This is extremely acute when monitoring the location of assets in Various offices, plants, or operating locations in the instance where a company has […]
Purchasing an Asset
Purchasing an Asset Purchasing an Asset within ERPNext is comprehensively linked with both the Asset Management and Buying modules. You are buying new machines, office equipment, or IT hardware, ERPNext makes it possible to automate the creation of an asset, monitor accounting effects, and classify correctly from the time of purchase. To start a new asset […]
Tasks
Tasks In project management, a Task is an actionable, defined piece of work that needs to be accomplished to meet a project goal or milestone. Tasks enable decomposition of a project into smaller chunks so that work can be assigned, followed up, and completed efficiently. Accessing Tasks To view Tasks in […]
Timesheets
Timesheets Timesheets are the total number of times an employee has logged in to work on completing each task. The Timesheet can also be utilized to determine the billable amount for an employee, to determine their salaries, or to monitor an employee’s contribution towards a Project or a Task. In ERPNext, a […]
