Книга Open ERP (Общий бухгалтерский учет)

Open ERP Book (General Accounting)

General Accounting

When it’s well integrated with the management system, an accounting system offers a company special benefits in addition to the obvious abilities it should have to report on the financial position. This part deals with the practical aspects of accounting, and accounting’s role throughout the whole company.

Open ERP’s accounting modules enable you not only to manage your operations clearly, following the workflow through from invoicing to payment, but also to use various tools for financial analysis based on both real-time data and recent history depending on the analysis.

Your accounting structure can be completely configured from A to Z to match the needs of your company very closely.

From invoice to payment

*This chapter traces the basic accounting workflow in Open ERP, from entering an invoice to registering payment. The various operations are described, from the entry of accounting receipts and the treatment of the reconciliation process, including payment orders.*

Accounting is at the heart of managing a company: all the company’s operations have an impact here. It has an informational role (how much cash is there? what debts need to be repaid? what’s the stock valuation?) and, because of the information it provides, a reliable and detailed accounting system can and should have a major decision-making role.

In most real companies, accounting is limited to producing statutory reports and satisfying the directors’ curiosity about certain strategic decisions, and to printing the balance sheet and the income statement several times a year. Even then there’s often several weeks of delay between reality and the report.

Note: Valuing your accounting function

In many small companies, the accounting function is poorly treated.

Not only do you see the data for documents being entered into the system twice, but also the results are often just used to produce legal documentation and regular printouts of the balance sheet and income statements some weeks after the closing dates.