All the tools you need to manage cash flow in one place, right from recording transactions to summarizing and analysing financial reports. Bookkeeping made easy.
Dashboards provide an at-a-glance view of key performance indicators relevant to the business processes. With provision to create configurable accounting dimensions and customisable dashboards, you can now analyze each component of your business in one place.
Budgeting is a financial plan that helps controlling Company expenses. In ERPNext, you can set and manage budgets against a Cost Center or a Project. This is useful in controlling your expenses. Budgets are also great for planning purposes. When you are making plans for the next Financial Year, you would typically target a revenue based on which you would set your expenses. Setting a budget will ensure that your expenses do not get out of hand at any point.
At any point in time, you can check the Budget Variance Report to analyze the actual expense incurred vs budget allocated against a cost center or a project. This comes in handy to check if any budget has exhausted its resources.
Being a configurable tree view for structuring accounting ledgers as desired, the Chart of Accounts forms the blueprint of your company. Groups can have sub-groups and ledgers within them, whereas ledgers are the leaf nodes of your chart and cannot be further classified.
Maintain a clean and crisp ledger of accounts to avoid mismatches when closing accounts. Track your income and expenses - be it deferred or accrued, set up notifications for period closing, control your cashflow. Advance payments can be recorded and reconciled in one go.
Invoice your customers, chase receivable payments with payment requests and notifications via email/SMS reminders. Provision to create custom print format templates for bills, and set up defaults. As for Item Pricing, it's a one-time configuration and auto-fetched in transactions thereon.
Send invoices and add expenses in any currency and let the system convert them in your base currency. See financial transaction and reports in multiple currencies. Managing transactions in different currencies simplified.
Reduce time spent on mundane tasks for products or services that require renewals after certain time periods. Use Subscriptions and get invoices generated automatically for subscription orders.
Create unlimited bank and cash accounts and track their opening and current balances. Maintain bank accounts for your suppliers and customers. Ensure that your financials are synchronised with one-click bank statement upload. Clearance made easy.
Map important data specific to your business by adding custom fields in your forms. Customise form behaviour by auto-fetching values, hide fields based on user roles, create custom Print Formats all without writing a single line of code. Create your own version of accounting software.
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All the tools you need to attain business performance excellence with the world’s first smart, Do It Yourself ERP that helps users onboard quickly. Transform your organization with excellent documentation and video tutorials that facilitate a zero-touch ERP implementation.
Open Source Software for Modern Businesses
ERPNext has a host of built-in integrations that help your business take-off faster
Used by more than 5000 companies across the world
ERPNext is used by more than 5000 companies across the world