Chapter 21: Finance is a highly integrated ERP module

Sales
Sales
Production
Production
Purchase
Purchase

Sales Revenues...
Chapter 21: Financial Management – Application Categories

 Accounting – Routine Transactions
 Accounts Payable
 Accoun...
Chapter 21: The Elements of Financial Accounting

Foreign Exchange
Foreign Exchange
Management
Management

Financial
Finan...
Chapter 21: ERP Financial Module

Financial Accounting
GL, AP, AR, Asset
Accounting, Tax, Inventory
A/C, Contract A/C

Tre...
Chapter 20: Financial Accounting Areas

Financial

General
Ledger

Accounts
Receivable

Statement

Accounts

Tax Accountin...
Chapter 20: Management Accounting Areas

Profit Centre
Accounting

Management
Dashboard / Report

Transfer
Pricing

Manage...
Chapter 20: Financial Supply Chain Management Areas

Self Service Portals

Collection
Management

Financial Supply Chain
M...
Chapter 20: Emerging Areas Of Financial Management

Budgeting //Planning
Budgeting Planning

Activity Based
Activity Based...
Chapter 20: Emerging Areas Of Financial Management

Budgeting //Planning
Budgeting Planning

Activity Based
Activity Based...
Section 3   chapter 21 - financial management - teaching aid
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Section 3 chapter 21 - financial management - teaching aid

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Section 3 chapter 21 - financial management - teaching aid

  1. 1. Chapter 21: Finance is a highly integrated ERP module Sales Sales Production Production Purchase Purchase Sales Revenues Production Orders Purchase Orders Payroll HR HR Finance Module General Ledger Accounts Receivable Accounts Payable Asset Accounting
  2. 2. Chapter 21: Financial Management – Application Categories  Accounting – Routine Transactions  Accounts Payable  Accounts Receivable / Collection Management  Costing and Profitability  Expenses Management  Budgeting  Consolidation  Financial Reporting  Internal Control And Audits  Tax Planning  Treasury & Cash Management
  3. 3. Chapter 21: The Elements of Financial Accounting Foreign Exchange Foreign Exchange Management Management Financial Financial Analysis Analysis Cash Management Cash Management and Forecast and Forecast Accounts Payable Invoice Verification Bank Accounts Receivables Payables General Ledger Consolidation Accounts Receivable Credit Management
  4. 4. Chapter 21: ERP Financial Module Financial Accounting GL, AP, AR, Asset Accounting, Tax, Inventory A/C, Contract A/C Treasury Management Cash and Liquidity Mgmt Financial risk Mgmt ERP Financial Module Management Accounting Profit centre accounting, Cost centre accounting Product cost accounting Project accounting Transfer Pricing Financial Supply Chain Management Collection Management Credit Management Dispute Management Customer self service portal
  5. 5. Chapter 20: Financial Accounting Areas Financial General Ledger Accounts Receivable Statement Accounts Tax Accounting Payable Asset Inventory Accounting Accounting Cash Journal Contract Accounting Bank Accounting
  6. 6. Chapter 20: Management Accounting Areas Profit Centre Accounting Management Dashboard / Report Transfer Pricing Management Accounting Product Cost Accounting Cost Centre Accounting and Budgeting Project Accounting and Budgeting
  7. 7. Chapter 20: Financial Supply Chain Management Areas Self Service Portals Collection Management Financial Supply Chain Management Dispute Management Credit Management
  8. 8. Chapter 20: Emerging Areas Of Financial Management Budgeting //Planning Budgeting Planning Activity Based Activity Based Costing Costing Price Business Performance Business Performance Management Management Consolidation Consolidation
  9. 9. Chapter 20: Emerging Areas Of Financial Management Budgeting //Planning Budgeting Planning Activity Based Activity Based Costing Costing Price Business Performance Business Performance Management Management Consolidation Consolidation

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