Enterprise 2.0

What Is ERP In Accounting?

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Executive Summary

Enterprise Resource Planning (ERP) is a company-wide management system that uses business software to collect and report internal information. An important piece of ERP software is the accounting module, which holds the company's financial information. The accounting ERP module has the ability to electronically collect data from other ERP modules such as manufacturing, sales or human resources, allowing accountants to review and report this information to management.

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