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Compiere 3

You're reading from   Compiere 3 An essential and concise guide to understanding and implementing Compiere.

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Product type Paperback
Published in Jun 2010
Publisher Packt
ISBN-13 9781849510844
Length 224 pages
Edition 1st Edition
Languages
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Author (1):
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Andries L Pretorius Andries L Pretorius
Author Profile Icon Andries L Pretorius
Andries L Pretorius
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Toc

Table of Contents (13) Chapters Close

Compiere 3
Credits
About the author
About the reviewer
1. Preface
1. Evaluating the Compiere System FREE CHAPTER 2. The Initial Compiere Setup 3. Customers and the Sales Process 4. Product and Material Management 5. Procurement Management 6. Compiere Financial Management 7. Advanced Aspects 8. Project Planning for Go-Live and Beyond

The product definition


The concept of a product in Compiere is that it is something that you buy or sell and has a price. It would include:

  • Inventory items (items that you store and track)

  • Non-stock items (still items, but you do not store or track them)

  • Services

  • Resources

  • Expense types

In addition to a product, Compiere allows for charges (account aliases), as well as customer assets on transactional lines.

When to use a charge and not a product: It's logical to use charges where a mere account entry is required and the many descriptions that a product requires are not required for the transaction. An example would be marketing or an admin expense.

When to use a customer asset and not a product: Customer assets are extended instances of a Compiere product. An example would be where a Desktop PC is sold or purchased and becomes an asset or equipment type that need to be tracked. Customer assets are therefore used for asset or equipment related business process information and are not covered...

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