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ERP Solutions.

ERP package is used in many companies worldwide. The full form of ERP is Enterprise Resources Planning. Previously companies used to do MRP i.e. Material Resource Planning. ERP is the up gradation of the same. The need for ERP arose due to lack of proper / common database available for all the functions in an organization.

 

For example, customer records as per sales department may be showing a different balance /address in comparison to the records maintained by the accounts department. Stock balance and value as per Stores department could vary vis-à-vis the values as recorded by the accounts department. Also typically data / records of various departments were maintained on different formats or on different platforms. Certain departments of a company could be working in a computerized environment and that too on different packages / operating systems like Unix /oracle. 

Some other departments could be maintaining their records manually. The situation leads to improper data available to the Management to plan and run their business. Therefore a need was felt to have a package that has a Common database and interconnects all departments / functions and also enables ON LINE entry / access to data/ records. This consequently led to the development of ERP packages worldwide like, BAAN, Peoplesoft and J.D.Edwards. The features of erp include various modules and sub-modules. The main modules are financial accounting-FI, Production planning-PP, Sales and Distribution-SD, Controlling (costing)-CO, Materials management (MM) and Human Resources (HR). There are various other modules like Plant maintenance, Quality management etc.

 

If you're still looking for that list of modules, here they are:

 

FI Financial Accounting -

essentially your regulatory 'books of record', including:

  • General ledger

  • Book close

  • TaxAccounts receivable

  • Accounts payable

  • Consolidation

  • Special ledger

CO Controlling -

basically your internal cost/management accounting, including:

  • Cost elements

  • Cost centres

  • Profit centres

  • Internal orders

  • Activity based costing

  • Product costing

HR Human Resources - 

ah yes, people, including:

  • Employment history

  • Payroll

  • Training

  • Career management

  • Succession planning

  • Salary Slip Generations

  • Incentive Calculations

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Antelope,CA 95843
usa@akmagroup.com

Tel: 001-916-725-7890
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