Item Attribute
Item Attribute Item Attributes in ERPNext are defining attributes that are utilized to make Item Variants. They give flexibility in handling products that have a common base item but vary in certain attributes. Examples of the attributes of items are Color, Size, Length, Material, Capacity, or Dimension. An Item can contain one or more attributes, which in […]
Journal Entry Template
Journal Entry Template A Journal Entry Template enables you to set up a pre-defined list of accounts and choices that you will be able to use when you are creating a Journal Entry. This streamlines the process by saving Frequently used entry setups. How to Access the Journal Entry Template Go to: […]
Item Variants
Item Variants In ERPNext A version of an item that differs in size, colour, or manufacturer is called an Item Variants. In ERPNext, item variant management allows businesses to standardize products using structured variant naming rules defined in Item Variant Settings. For example, the T-shirt itself is referred to as the Item Template if […]
Maintain Stock field Frozen in the Item master
Maintain Stock field Frozen in the Item master In the Item master, you will find that some key configuration fields get frozen once the item has stock transactions. The following fields are included in that: Maintain Stock Has Batch No. Has Serial No. After stock ledger entries have been created for an item, these […]
FIFO or LIFO and Moving Average calculation difference
FIFO or LIFO and Moving Average calculation difference The price at which the product is valued in ERPNext is based on the total cost incurred to get it on sale. It can consist of both direct and indirect costs, such as freight, labor, duties, taxes, handling charges, and raw material costs. In ERPNext, depending upon the […]
Item Codification
Item Codification If your company already has a large number of physical products, chances are you have already put in place a system of codification for them. If not, ERPNext allows you the leeway either to stick with descriptive item names or institute a system of structured item coding. Codification proves helpful when […]
Accounting Period
Accounting Period An accounting period is a set amount of time during which financial transactions can be recorded and made. It helps ensure that reports are accurate and prevents unauthorized changes after the books are closed. In ERPNext, the Accounting Period limits the transactions that can be submitted (like Sales Invoices, Journal Entries, Stock […]
Scrap Management
Scrap Management Scrap Management is used to describe waste or by-products created during manufacturing that might have little or no economic use. In most instances, however, the scrap still holds some recoverable value through Reuse or Reprocessing. In ERPNext v15, end-of-production scrap is handled systematically by accounting for it in special scrap warehouses. […]
Semi Auto Payment Reconciliation
Semi Auto Payment Reconciliation Manually matching a lot of invoices and payments can be time-consuming and error-prone for a business. To manage this in a semi-automated manner, ERPNext provides a tool called “Process Payment Reconciliation.” Without having to open each invoice and payment by hand, this feature allows you to reconcile them using logic such as […]
Track Items Using Barcode
Track Items Using Barcode A barcode is a line and space representation of a machine-readable code that encodes information. In ERPNext, there is an option to Track Items Using Barcode on the items so that they can be identified and retrieved quickly at the time of making a transaction. Barcode scanners are an input tool, […]
