ERP FUNCTIONAL MODULES

ERP FUNCTIONAL MODULES:

The modules within ERP systems are described and are organized in a variety of ways. The organization Financial accounting Human resources Manufacturing and logistic Sales and distribution.

which we will use contains four elements:

FINANCIAL ACCOUNTING:
The accounting segment of ERP system is generally defined as including three major categories of functionality needed to run the financial accounts for a company: Financial (FI) Controlling (CO) Assets management (AM)

FI category includes accounts payable, accounts receivable, general ledger and capital investments. Also included in the FI category are the procedures to post accounts, close the books for the month and year, preparing financial statements including the balance sheet and planning functions.

CO category includes costing, cost center, profit center and enterprise accounting and planning, internal orders, allocations, profitability analysis and a variety of reporting functions. It also includes a project system to track activity and costs related to major corporate projects, such as the implementation of an ERP system.

AM category includes the ability to manage all types of corporate assets including fixed assets and leased assets. It also includes the capital investment management module which provides the ability to manage, measure and oversee capital investment programs. Treasury capabilities are offered, including the ability to manage cash and funds belonging to the corporation.

HUMAN RESOURCES:

ERP contains the full set of capabilities needed to manage, schedule, pay and hire people who make the company run. It includes payroll, personnel development planning, work-force planning, schedule and shift planning, time management and travel expense accounting.

Since the structure of most companies shifts frequently, one of the functions in the human resources category provides the ability to represent organizational charts and organigrams, including organizational units, jobs, positions, workplaces and tasks. Thus, you can represent and plan matrix organizations, split responsibilities and temporary project groups.

MANUFACTURING AND LOGISTIC:

This is the largest and most complex of the module categories generally. It can be divided into five major components. They are:
Materials

Each is divided into a number of subcomponents

management Plant maintenance Quality management Production planning and control Project management system

Materials management: covers all tasks including consumption based planning, purchasing, vendor evaluation and invoice verification. It also includes inventory and warehouse management to manage stock.

Plant maintenance : supports the activities associated with planning and performing repairs and preventative maintenance.

Quality management: the quality management capability plans and implements procedures for inspection and quality assurance.