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Streamline your manufacturing processes with ERPNext software. Learn how to automate production, manage inventory, and optimize workflows
ERPNext Features
According to market research, the ERPNext software and its benefits can manage your company can work more efficiently, achieve more productivity, and have more profits to manage the user’s tasks and client’s needs. In this given list, you can check the related features of ERPNext v14:
Track all invoices and payments
Easily customizable workspaces
Better and improved print format builder
Refreshed subcontracting module
Managing Organizational chart
Easy to navigate better using the new Tab view inside a document.
Multiple ways to manage inventory and its cost.
What is ERPNext?
ERPNext is a fully featured business management solution that helps SMEs record all their business transactions on a single platform. With this ERP software, SMEs can make informed, fact-based, and timely decisions to maintain the records. ERPNext is the backbone of the business to maintain strength, transparency, and control to grow your business quickly. Additionally, you can also manage other industries like manufacturing, retail, distribution, education, and more.
What’s new in ERPNext v14?
As we have discussed, ERPNext is one of the most widely used ERP software preferred by organizations since it is an intuitive and easy-to-use tool and includes as many customization options as possible for the organizations. As open-source software, it has an agile philosophy so that the user will have better performance, and the organization will get better productivity. Most of the organizations prefer ERPNext v14 to manage patient appointments, billing, and patient records with ease.
In this version of ERPNext, it has divided the following parts into new apps, as discussed below:
Healthcare
Hospitality
Agriculture
Non-Profit Organization
HR and payroll
E-commerce Integration
Germany Localization
Artificial Intelligence
Updated features of ERPNext v14
This application has updated features of ERPNext v14, which are listed below:
1) New Subcontracting Module: Standard Buying Cycle was used until version 13 to handle the features of subcontracting. In contrast, a new module known as Subcontracting was added in v14 to maintain the module's functionality.
2) E-commerce search: Users can search for products or groups of products on the website using the search bar. Thus, it saves recent searches that you can access and use again.
3) Organizational charts: This chart illustrates the relationships between various employees, which includes titles, pictures, and names that reveal organizational structure. It also helps people to engage with the organizational chart and understand the hierarchy of the organization.
4) Payment ledger: This updated feature introduced a new document called Payment Ledger in v14 helps to keep track of the connections between the entries of invoices and payments.
5) CRM enhancements: In this updated CRM module of ERPNext has had a lot of improvements manage communications and activities, which are the two main features to access.
6) Cost-center allocation: This feature has been updated that allows the GL Entry for a cost center. The Cost Center Allocation document can specify the percentages of the cost centers.
7) Common party accounting: Common Party Accounting is a part of ERPNext, where you can manage operations like raising Sales Invoices against a major Supplier.
8) Taxjar Integration: It utilizes the user’s address of clients, businesses, and delivery sites. TaxJar integration enables the users that help to calculate the tax automatically.
9) Payment Terms status report: In the corresponding bills filed against the SO, that report seeks the current status of the payment.
10) Ledger merger: The main goal of a Ledger Merge is to manage the process of combining multiple accounts single tool.
At the end
Hope, the above information will help you to understand the ERPNext and v14 features to manage the business and offers the best services. For more details, you can connect with our experts at Kanak Infosystems LLP.
