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Introduction to ERP

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Benefits of an ERP system

ERP processes in a company

The employee roles

The basics of accounting

Who would be interested in accounting

What is the end product of accounting

Income and expenses

Flow of the accounting data

Accounting – more definition of terms

Practices in accounting

Practice: Sales of services, with immediate cash payment

Practice: Sales of services, on invoice to customer with later payment

Practice: Purchase of a service from a vendor, paid in cash

Practice: Purchase of service from a vendor, on invoice from vendor with later payment

Practice: Purchase of stocked items, on invoice from vendor with later payment

Practice: Sales of stocked items, with immediate cash payment

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