ERPNext

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What is ERPNext? 

ERPNext is a full-featured business management solution that helps SMEs to record all their business transactions in a single system. With ERPNext, SMEs can make informed, fact-based, timely decisions to remain ahead in the competition. It serves as the backbone of a business adding strength, transparency, and control to your growing enterprise.

ERPNext will help you to:

  1. Track all invoices and payments.
  2. Know what quantity of which product is available in stock.
  3. Identify and track your key performance indicators (KPIs).
  4. Identify open customer queries.
  5. Manage employee payroll.
  6. Assign tasks and follow up on them.
  7. Maintain a database of all your customers, suppliers, and contacts.
  8. Prepare quotations.
  9. Track your budgets and spending.
  10. Determine effective selling price based on the actual raw material, machinery and effort cost.
  11. Get reminders on maintenance schedules.
  12. Publish your website.

And a ton more.

Modules

Human Resources

The Human Resources (HR) module covers the processes related to the HR department of a company. It maintains a complete employee database including contact information, salary details, attendance, performance evaluation, leaves, and appraisal records.
The most important feature here is processing the payroll by using Payroll Entry to generate Salary Slips. Most countries have complex tax rules stating which expenses the company can make on behalf of its Employees.
There are a set of rules for the company to deduct taxes and social security from employee payroll. ERPNext accommodates all types of taxes and their calculation.

Buying

If your business involves physical goods, buying is one of your core business activities. Your suppliers are as important as your customers and they must be provided with accurate information.
Buying the right quantities in right amounts can affect your cash flow and profitability positively. ERPNext contains a set of transactions that will make your buying process as efficient and seamless as possible.

Selling

Selling is the communication that happens with the customer prior to and during the sale. You might be managing all the communication yourself or you may have a small team of sales people to handle this. ERPNext helps you track the communication leading up to the sale by keeping all your documents in an organized and searchable manner.

Stock

The Stock or Inventory module in ERPNext helps you to
Maintain details of your products and warehouses.
Track receipt, transfer and delivery of the products.
Optimize stock levels by providing real-time information via reports.
Provide valuation of each product.
The Stock module is tightly integrated with Purchase, Manufacturing and Accounting modules.

CRM

ERPNext helps you track business Opportunities from Leads and Customers, send them Quotations, and book Sales Orders.

Asset

In ERPNext, you can maintain fixed asset records for Company assets like computers, furnitures, cars, etc. and manage their depreciations, sale, or disposal. You can track locations of the assets or keep records of employees who are using the asset. You can also manage the maintenance details of the assets.