Jump to content

Enterprise Resource Planning/Accounting

From Wikiversity
Completion status: this resource is ~50% complete.

This is a course about enterprise resource planning (ERP) accounting, or ERP accounting.

Educational level: this is a tertiary (university) resource.

Programme

[edit | edit source]

This is a module part of the Open Source ERP/Executive Masters course conducted by a private university.

Subject

[edit | edit source]

ERP Accounting - From Basics to Financial Management

Objectives

[edit | edit source]

The objectives of this subject are:

  • To grasp the core Accounting Principles behind ERP processes
  • To appreciate the global different localisation on Accounting
  • To know the Accounting Consequences of the main Document Types
  • To understand the Financial Management needs and issues of ERP

Learning Outcomes

[edit | edit source]

On completion of this subject the students shall be able to:

  • Demonstrate basic simple accounting equations
  • Perform GL Journal entries in the ERP application
  • Trace the Accounting Consequence of each document process in ERP
  • Troubleshoot and suggest modifications to the accounting model
  • Produce Financial Reports from the ERP System

Sypnosis

[edit | edit source]

This subject handles just enough accounting and financial aspects of the ERP system. It covers the supply chain accounting consequences, where the ERP produces a complete balanced set of financial reports for periodic as well as regulatory purposes.

Subject Details

[edit | edit source]

Basic Accounting

[edit | edit source]

(15 hrs)

  • ^1 - Concept of ERP Accounting (Perpetual, and Default Accounts Posting)
  • ^2 - Accounting Equation and Its Transactions (Assets, Liabilities, Revenues, Costs)
  • ^3 - Basic trial balances, T-accounts and drawing up simple accounts

Accounting Setup

[edit | edit source]

(20 hrs)

  • ^4 - Commitment and Accrual Accounting
  • ^5 - The Chart of Accounts
  • ^6 - Accounting Schemas
  • ^7 - Budgetary Planning

Accounting Consequence

[edit | edit source]

(20 hrs)

  • ^9 - Accounting Types
  • ^10 - Document Type concept
  • ^11 - Integration of AR / AP in ERP
  • ^12 - Source Code Classes

Account Viewer

[edit | edit source]

(15 hrs)

  • ^13 - Account Type
  • ^14 - Summary and Groupings
  • ^15 - Dimensions

Project Accounting

[edit | edit source]

(20 hrs)

  • ^16 - Activity Based Accounting
  • ^17 - Project Code
  • ^18 - RFP and Tender Handling
  • ^19 - e-Bidding and e-Marketplace

GL Journal

[edit | edit source]

(15 hrs)

  • ^20 - Double Entry via Journal Batches
  • ^21 - Processing Batches
  • ^22 - Journal Proof

Product Assets

[edit | edit source]

(15 hrs)

  • ^23 - Type of Assets
  • ^24 - Fixed Assets Accounting
  • ^25 - Production Assets Accounting
  • ^26 - Assets Maintenance

See Also

[edit | edit source]
[edit | edit source]