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Exercises · Q5

Q.Describe any four important modules of an ERP system.

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An ERP system is built from modules, each handling one business function while sharing the common central database. Any four of the following:

  1. Finance and Accounting module — the heart of ERP; manages the general ledger, accounts receivable and payable, cash/bank, budgeting, taxation, and financial reporting (balance sheet, profit-and-loss).
  2. Human Resources (HR) module — manages employee records, recruitment, attendance and leave, payroll, training, and performance appraisal.
  3. Production / Manufacturing module — manages the bill of materials, production planning and scheduling, shop-floor control, and quality control.
  4. Supply Chain Management (SCM) module — manages procurement (purchasing), inventory and warehouse management, order processing, and logistics/distribution.
  5. Sales and Distribution / Customer Relationship Management (CRM) module — manages enquiries, quotations, sales orders, invoicing, dispatch, after-sales service, and customer history. …

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