Knowledge session: Finance concepts in ERP

A lot of applications that are built with the Software Factory do have an interface with a financial application. Debtor, creditor, journal, ledger account, profit and loss account, balance sheets and journal entries; just a pick from a bunch of financial terms. Do you know what they all mean and how they are related? In this session the basic financial concepts are explained. From these concepts the reflection of the logistic mutations into the financial administration is explained. A must see presentation for everybody ever building an ERP system. Hosted by Mariët Scholten (Director of Finance) and Roland van Aggele.