Overview
This section contains each component you need to complete to set up VIENNA Advantage ERP and CRM application.
For instructions on how to set up the respective components, see the setup sections indicating each component.
Content
- Document Types
Document Type in the VIENNA Advantage is defined to distinguish different business transactions.
For example, a transaction like a Customer Payment and Vendor Credit Memo is distinguished by two different document types
Document Types define the parameters, controls, and processing rules for transactional documents as well as a name to be printed on the document.
- Transaction Sequence
Transaction sequence is a unique document number generated by VIENNA Advantage ERP/CRM application while saving a particular transaction such as Invoices, Debit/Credit Notes, Sales / Purchase Orders, etc. all these transactions require a document number.
Only one document sequence can be linked with a Document type however document sequence can be defined for organization Level in a single sequence record.
- Payment Terms
Payment terms are the conditions surrounding the payment part of a Purchase or Sales, typically specified by the seller to the buyer. Payment terms provide clear details about the expected payment on a purchase or Sales and specify how much time the buyer has to make payment on the purchase.
In VIENNA Advantage, Payment Term allows user to define one or multiple payment schedules, discounts offered, and due dates based on either a specific day of a month, such as the 15th of the month, or a number of days added to your terms date, such as 14 days after the Invoice Date for a respective Payment Term.
- Products
Products can be either goods or services, which are sold or procured by your organization. In VIENNA Advantage, you can manage your company-wide products that are sold to the customers as well as procured from vendors. Products are tightly integrated with all material management activities including Price Lists, Inventory Receipts, Shipments, Material Movements, etc.
- Pricelist
Pricelists in VIENNA Advantage are defined to maintain the commercial prices for sale to customers and prices for purchase from vendors. Pricelists can be global, customer or vendor-specific, or product-specific. The same product can be listed under different price lists with different prices.