What is the difference between customizing an ERP and configuring it to meet specific needs?

What is the difference between customizing an ERP and configuring it to meet specific needs?

Configuration is the process of adjusting the settings and options of an ERP system using the built-in tools and features provided by the software vendor. Configuration does not involve changing the source code or adding new code to the ERP system.

Customization is the process of making changes to the ERP system's source code or adding new code to the system. Customization can be used to add new features, modify existing features, or integrate the ERP system with other systems.

What is a Sales Invoice?

What is a Sales Invoice?

Sales invoices play a crucial role in accounting and record-keeping for both the seller and the buyer. For the seller, they help track revenue, manage inventory, and maintain financial records. For the buyer, they serve as proof of purchase and may be necessary for accounting and tax purposes.

In the sales process, a sales invoice is a document that outlines the details of a sale transaction between a seller and a buyer. It serves as an official record of the products or services that have been sold, along with the agreed-upon prices, quantities, and any other relevant terms and conditions. Sales invoices are typically issued by the seller to the buyer after a sale has been completed.