MyMisPal
← All courses
MyMisPal · Review sheet

Enterprise resource planning

Formulas and rules

  • O2C: quote → order → delivery → invoice → payment
  • P2P: requisition → PO → receipt → supplier invoice → payment (3-way match)
  • Delivery: Dr COGS / Cr inventory · Invoice: Dr receivables / Cr revenue and VAT

Terms to know

Chart of Accounts دليل الحسابات
The numbered list of a company's financial accounts.
Data Migration نقل البيانات
Moving cleaned data from legacy systems into the new one.
ERP تخطيط موارد المؤسسة
An integrated system running core business processes on one database.
Fit-Gap Analysis تحليل الفجوات
Comparing company requirements with what the standard system offers.
Go-live الإطلاق
The day the company starts working on the new system.
Master Data البيانات الرئيسية
Fairly stable data used by transactions: customers, products, vendors.
Module موديول (وحدة)
Part of an ERP serving a department, such as accounting or inventory.
Order to Cash من الطلب إلى التحصيل
The sales cycle from quotation to receiving payment.
Procure to Pay من الطلب إلى السداد
The buying cycle from requisition to paying the vendor.
TCO التكلفة الإجمالية للملكية
All costs of a system over years: licences, implementation, training, support.
Three-way Match المطابقة الثلاثية
Comparing the PO, goods receipt and vendor bill before paying.

Topics

Final exam
Spotted a mistake on this page, or have an idea to improve the site?