Home > Industry/Domain > Software > ERP

ERP

Enterprise resource planning software.

Contributors in ERP

ERP

An international commercial term under which the seller fulfills the seller's obligation to deliver when the goods have passed over the ship's rail at the named port of shipment. The buyer must bear ...

profit and loss account

Software; ERP

Account that contains the profit and loss made by a business in a financial period. The debit side contains purchases and expenses, the credit side sales and other incomes.

original currency

Software; ERP

Actual currency of the cash flow.

special price

Software; ERP

Amount of money which has to be paid to the seller by the buyer of goods or services. It is valid for a defined period of time and/or specific items, quantities or business partners.

primary account

Software; ERP

An account at the second level in the chart of accounts. The first level consists of eight drawers that contain all subordinate accounts. These are organized in a hierarchy with up to five levels.

multi-currency account

Software; ERP

An account that accepts and records journal entries in more than one currency.

reserve account

Software; ERP

An account that is set up to make a balance sheet clearer by apportioning capital against future purchases, such as replacing equipment or estimates of bad debts. For example, left-over profit (after ...