Financial Management And Enterprise Resource Planning(Erp)

Basics of Accounting, Balance Sheet, P & L, Cash flows, Capital budgeting to ERP applications - For Non Finance folks

What you'll learn

Basic Financial accounting concepts & entries

Basics of Financial Statements - Trial balance, Balance Sheet, Income statements, Cash flow statements.

Key Capital budgeting techniques - NPV, IRR, Break Even analysis & Accounting Rate of return

Overview about ERP - Automated approach Financial Planning and Management

Cloud and On Premises ERP

Basic Business flows in ERP - Procure to Pay, Order to Cash

Requirements

Interest to learn Financial Statement and ERP

Description

Majority computer based business applications revolves around Finance. Anyone with technical background like engineers, non- financial background folks,  tech-prenuers  or management students look at the ways to quickly learn on accounting concepts like Business entity - Proprietor, Partnership, Limited companies with financing option Double entry system accounting - Debit, Credit with account rules.Trial balanceBalance sheet entries - Assets, Liabilities.Cash flows.Financial RatiosCapital budget.Generally, one need to opt for structured course like MBA, which involve time, effort and huge cost as well. This course is designed is such a way that one learns basics in financial concepts and management.While one need to have good understanding on the above to start a career in business application consulting like ERP. So additionally apart from covering the above topics this course also covers.Accounting entries automation linking with Enterprise resource planning (ERP)ERP overview and evolution .Different type of ERP application - On- premise and Cloud.What is cloud or On- premise application.Business flows in ERP - Procure to Pay and Order to cash.So in if you are technical person (non finance background) want to learn basics of Finance along with introduction to Enterprise resource planning (ERP), then this course would be the ideal choice.Happy learning!!!

Overview

Section 1: Course Overview - Topics of coverage

Lecture 1 Course Overview - Topics of coverage

Section 2: Business ownership and Funding Overview

Lecture 2 Different Business Ownership Types

Lecture 3 Funding the business

Section 3: Financial Statements

Lecture 4 Different Financial Statements - Part1

Lecture 5 Different Financial Statements - Part 2

Section 4: Basics of Accounting Transactions

Lecture 6 Double entry System

Lecture 7 Golden rules of accounting

Section 5: Accounting - Trial Balance

Lecture 8 What is Trial Balance

Lecture 9 Activity - Trial Balance

Section 6: Balance Sheet

Lecture 10 Simple Balance Sheet Construct - Presentation Quiz

Lecture 11 Let's create Balance Sheet - Part 1

Lecture 12 Let's create Balance Sheet - Part 2

Lecture 13 Balance Sheet construction activity

Section 7: Profit / loss OR income statements

Lecture 14 Profit or loss statements

Lecture 15 Cash and Accrual basis of Accounting

Lecture 16 Depreciation

Section 8: Cash Flow Statements

Lecture 17 Cash Flow Statement Overview

Lecture 18 Cash Flow Statement Exercise

Lecture 19 Cash Flow Statement - Exercise Solution

Section 9: Financials Ratio

Lecture 20 Financial Ratio - Part 1

Lecture 21 Financial Ratio - Part 2

Section 10: Capital Budgeting

Lecture 22 Capital Budgeting and different techniques

Lecture 23 Net Present Value (NPV) and IRR technique

Lecture 24 NPV and IRR calculation using spreadsheet.

Lecture 25 Break Even Analysis

Lecture 26 Accounting Rate of Return

Section 11: Accounting Ledgers (GL) to ERP applications.

Lecture 27 Accounting Ledgers (GL) to ERP applications.

Lecture 28 What is Chart of Accounts in General Ledger?

Lecture 29 Simple Chart of Accounts from Odoo ERP system - Demonstration

Lecture 30 Journal entry and Posting in ERP and validating with Balance Sheet & Cash Flow

Section 12: Enterprise Resource Planning (ERP)

Lecture 31 What is ERP? and its evolution

Lecture 32 Technical Architecture of ERP system - An Overview

Lecture 33 What is Cloud and On premise application - A real life example

Lecture 34 Cloud Difference - Saas, Paas, Iaas - An overview and solution providers

Lecture 35 Which ERP to choose - On-Premise or Software as a Service (cloud)?

Section 13: Business process flow - In ERP applications

Lecture 36 What is business process flows?

Lecture 37 Procure to Pay - Overview

Lecture 38 Procure to Pay Process Demonstration - With Odoo ERP

Lecture 39 Order to Cash - Overview

Lecture 40 Order to Cash Process Demonstration - With Odoo ERP

Section 14: Bonus Lecture

Lecture 41 Bonus Lecture

Non Financial folks - who wish to learn about basic & key financial concepts, statements and basics of ERP