{"id":19744,"date":"2019-12-16T18:01:57","date_gmt":"2019-12-16T12:31:57","guid":{"rendered":"http:\/\/tenthplanet.in\/compiere\/?post_type=solutions&#038;p=19744"},"modified":"2025-07-24T11:57:29","modified_gmt":"2025-07-24T06:27:29","slug":"compieretrading","status":"publish","type":"solutions","link":"https:\/\/tenthplanet.in\/compiere\/solutions\/compieretrading\/","title":{"rendered":"Compiere for Timber Trading"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; css=&#8221;.vc_custom_1691472625030{padding-top: 50px !important;padding-bottom: 50px !important;background-color: #f5f5f5 !important;}&#8221;][vc_column][vc_row_inner full_width=&#8221;inner_row_contained&#8221; content_placement=&#8221;middle&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221;][vc_column_inner width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1673334425114{padding-right: 30px !important;padding-left: 0px !important;}&#8221; offset=&#8221;vc_col-lg-offset-0 vc_col-lg-6 vc_col-md-offset-0 vc_col-md-6 vc_col-sm-offset-2&#8243; css_tablet_landscape=&#8221;.vc_custom_1673334425115{padding-right: 0px !important;}&#8221; css_tablet_portrait=&#8221;.vc_custom_1673334425117{padding-right: 15px !important;padding-left: 15px !important;}&#8221; css_mobile=&#8221;.vc_custom_1673334425118{padding-right: 15px !important;padding-left: 15px !important;}&#8221;]<header class=\"kd-section-title col-lg-12 text-left  subtitle-below-title kd-animated fadeIn   vc_custom_1687758799416\" data-animation-delay=200><h1 class=\"separator_off\" style=\"font-size: 36px;line-height: 48px;margin-bottom:30px;\">Taste of success on Compiere Cloud a Trading business to expand globally<\/h1><h6 class=\"subtitle\" style=\"color: #7a7d8c;\">Trading ERP software that automates their business worldwide with accounting standards, Inability to look for ways to reduce inbound lead time and improve OTD, optimize the vendor-managed inventories with the VMI customers.<\/h6><\/header><a  href=\"https:\/\/tenthplanet.in\/getintouch\/\"  target=\"_self\"  title=\"\"  class=\"tt_button tt_primary_button btn_primary_color  btn-align-left button-action-link   kd-animated zoomIn\" data-animation-delay=200><span class=\"prim_text\">GET IN TOUCH<\/span><\/a>[\/vc_column_inner][vc_column_inner css=&#8221;.vc_custom_1673334466089{padding-right: 0px !important;padding-left: 100px !important;}&#8221; offset=&#8221;vc_col-lg-6 vc_col-md-6&#8243; css_tablet_landscape=&#8221;.vc_custom_1673334466090{padding-right: 15px !important;padding-left: 15px !important;}&#8221; css_tablet_portrait=&#8221;.vc_custom_1673334466091{padding-right: 15px !important;padding-left: 15px !important;}&#8221; css_mobile=&#8221;.vc_custom_1673334466092{padding-top: 50px !important;padding-right: 15px !important;padding-left: 15px !important;}&#8221;][vc_single_image image=&#8221;19968&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; el_id=&#8221;solution-catalog&#8221; css=&#8221;.vc_custom_1677066492413{padding-top: 50px !important;}&#8221;][vc_column][vc_row_inner equal_height=&#8221;yes&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; el_id=&#8221;solution-catalog-boxes&#8221; el_class=&#8221;solution-catalog-boxes&#8221;][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Security Management<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>Keep your software secure by providing right access to right people<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>OTP(One-Time Password) based 2nd Layer Authentication login<\/li>\n<li>Role-based User Login<\/li>\n<li>Role-based Organization access<\/li>\n<li>Role-based screen access<\/li>\n<li>Encrypted Password Management<\/li>\n<li>Audit View and Logs<\/li>\n<li>Change Management Audit<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Data Migration<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>Migrate from legacy system quickly<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Product Master Data Migration<\/li>\n<li>Customer Master Data Migration<\/li>\n<li>Vendor Master Data Migration<\/li>\n<li>Opening Inventory Data Migration<\/li>\n<li>Opening Debtors Invoice Migration<\/li>\n<li>Opening Creditor Invoice Migration<\/li>\n<li>Chart of Account Migration<\/li>\n<li>Migrate old version to latest Compiere version<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Relationship Management<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>Maintenance of relationships between a company and its external partners, especially its clients (Suppliers, Customers, Distributors)<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Manage Customer Details<\/li>\n<li>Manage Vendor Details<\/li>\n<li>Manage Employee Details<\/li>\n<li>Manage Customer Credit Limit<\/li>\n<li>Manage Vendor Credit Limit<\/li>\n<li>Maintain Location for shipping<\/li>\n<li>Maintain Location for invoicing<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row kd_background_image_position=&#8221;vc_row-bg-position-top&#8221;][vc_column][vc_row_inner equal_height=&#8221;yes&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; el_class=&#8221;solution-catalog-boxes&#8221;][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Purchase Management<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>In order to ensure that all services, goods, supplies, and inventory needed for the organization to operate,as well as control inventory levels and costs associated with purchasing the items<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Raise quotation and invite vendors<\/li>\n<li>Best price response from invited Vendors<\/li>\n<li>Raise PO(Purchase Order) from RFQ(Request For Quotation) response<\/li>\n<li>Raise Purchase with regular suppliers<\/li>\n<li>Raise partial vendor shipment from a single Purchase Contract<\/li>\n<li>Tracking Bill of Landing for Vendor Shipment<\/li>\n<li>Automate Invoicing from Vendor Shipment<\/li>\n<li>Allocate Landed cost for Vendor Shipment<\/li>\n<li>Email\u00a0 Print documents to Vendor<\/li>\n<li>Generate VendorShipment from Purchase Order<\/li>\n<li>Generate Payment from Invoice<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Sales Management<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>the process of efficiently tracking and fulfilling sales orders. It also involves keeping a record of the customer which may include their purchase history, payment method, and volume of order<\/strong><\/h4>\n<h5>Sales Order<\/h5>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Raise Inquiry to follow customer<\/li>\n<li>Raise Quotation and agree with the Price<\/li>\n<li>Convert Sales Quotation to Sales Contract<\/li>\n<li>Track country and port during sales processing<\/li>\n<li>Weekly based Release for VMI(Vendor-managed inventory) customers<\/li>\n<li>Manual Release from the single Sales contract<\/li>\n<li>Automate Invoicing from Release<\/li>\n<li>Track Sales against Project\/Campaign to promote\/increase sales<\/li>\n<li>Email Alert Print documents to Vendor<\/li>\n<li>Generate Release from Sales Order<\/li>\n<\/ul>\n<h5>Invoice Customer<\/h5>\n<ul>\n<li>Generate Payment from Invoice<\/li>\n<li>Generate Purchase Order from Invoice customer (Inter Company)<\/li>\n<\/ul>\n<h5>Customer Return<\/h5>\n<ul>\n<li>Generate Customer Return from RMA<\/li>\n<li>Generate Invoice from Customer Return<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Financials<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>acts as a financial management system to ensure customer payment schedules, revenue tracking and credit management across the business.Track daily financial operations and generate quarterly and annual financial statements<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Multi \u2013 Organization per Client<\/li>\n<li>Maintain Parent\/Child tax according<\/li>\n<li>Calendar to control document type<\/li>\n<li>Maintain Chart of Accounts customer standards<\/li>\n<li>General Ledger Journal for adjustment entries<\/li>\n<li>Account Receivable from customer<\/li>\n<li>Accounts Payable from Vendor<\/li>\n<li>Allocate bulk payments with a single invoice<\/li>\n<li>Allocate bulk invoices with a single payment<\/li>\n<li>Allocate bulk payments vs bulk invoices<\/li>\n<li>Allocate AR invoice with a Credit note for adjustments<\/li>\n<li>Allocate AP(Accounts Payable) Invoice with a Debit note for adjustments<\/li>\n<li>Bank Statement for AP(Accounts Payable)\/AR<\/li>\n<li>Manage Bank Reconciliation<\/li>\n<li>Payment Batch<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=&#8221;yes&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; el_class=&#8221;solution-catalog-boxes&#8221;][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >RE-Manufacturing<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>Re-Manufacturing is the process by which raw materials are transformed into finished products<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Manage Work Order for BOM(Bill Of Materials) products<\/li>\n<li>Generate Acceptance\u00a0 from Work Order<\/li>\n<li>Produce finished goods<\/li>\n<li>Cost calculation from Raw Material\/Service Goods<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Costing<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>The costing module is one of the important controlling modules which enables effective internal cost control and accounting<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Cost Centre to identify cost accuracy<\/li>\n<li>Configure Additional cost<\/li>\n<li>Average Cost with FIFO LOT(Specific batch of an item) basis<\/li>\n<li>Calculate Qty method for Stock in Hand basis<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Material Management<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>process of planning, organizing, staffing, directing and controlling the flow of materials<\/strong><\/h4>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Manage Product with supplier and pricing<\/li>\n<li>Bill of Materials for Re-Mfg products<\/li>\n<li>Manage Price List with different currency\/precision<\/li>\n<li>Manage Warehouse including VMI(Vendor-managed inventory) warehouse<\/li>\n<li>Manage Stock Count during year-end<\/li>\n<li>Cargo Movement for the stock<\/li>\n<li>BL No(Bill Of Landing) Tracking stock in transit<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=&#8221;yes&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; el_class=&#8221;solution-catalog-boxes&#8221;][vc_column_inner el_class=&#8221;wp-block-column&#8221; width=&#8221;1\/3&#8243;]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title   \" ><h3 class=\"separator_off\" >Reports<\/h3><\/header>[vc_column_text el_class=&#8221;border-none&#8221;]<\/p>\n<h4><strong>Different Reports<\/strong><\/h4>\n<h5>Purchasing Reports<\/h5>\n<div class=\"is-layout-flow wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<ul>\n<li>Vendor invoice report<\/li>\n<li>Charges invoice report<\/li>\n<li>Shipment Report<\/li>\n<\/ul>\n<h5>Sales Reports<\/h5>\n<ul>\n<li>Total sales report<\/li>\n<li>Sales invoice report<\/li>\n<\/ul>\n<h5><strong>Inventory Reports<\/strong><\/h5>\n<ul>\n<li>Inventory valuation report<\/li>\n<li>Product COGS(Cost Of Goods Sales) report<\/li>\n<li>Remanufacturing report<\/li>\n<li>Physical inventory report<\/li>\n<li>Open order status<\/li>\n<li>Product Movement Summary<\/li>\n<\/ul>\n<h5><strong>Accounting Reports<\/strong><\/h5>\n<ul>\n<li>Aging report<\/li>\n<li>Trial balance report<\/li>\n<li>Balance sheet<\/li>\n<li>Customer payment performance<\/li>\n<li>Profit &amp; Loss account<\/li>\n<\/ul>\n<h5><strong>Tableau (ETL)<\/strong><\/h5>\n<ul>\n<li>TBW_Inventory<\/li>\n<li>TBW_Invoice<\/li>\n<li>TBW_PAY_Received<\/li>\n<li>TBW_PC_TO_VS<\/li>\n<li>TBW_PhysicalAdjustment<\/li>\n<li>TBW_Remancost<\/li>\n<li>TBW_Remancostwithdate<\/li>\n<li>TBW_SalesPrice<\/li>\n<li>TBW_SC_PC_TRX<\/li>\n<li>TBW_SC_TO_INV<\/li>\n<li>TBW_Totalcostsales<\/li>\n<li>TBW_TrialBalance_3Months<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row kd_background_image_position=&#8221;vc_row-bg-position-top&#8221;][vc_column][vc_column_text]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; kd_background_image_position=&#8221;vc_row-bg-position-top&#8221; css=&#8221;.vc_custom_1677068321980{padding-top: 60px !important;padding-bottom: 60px !important;background-color: #efefef !important;}&#8221;][vc_column]<header class=\"kd-section-title col-lg-12 text-center  subtitle-below-title kd-animated fadeIn   vc_custom_1687759971311\" data-animation-delay=200><h2 class=\"separator_off\" style=\"font-weight: 400;\">Taste of success on Compiere Cloud a Trading business to expand globally<\/h2><\/header>[vc_row_inner kd_background_image_position=&#8221;vc_row-bg-position-top&#8221;][vc_column_inner css=&#8221;.vc_custom_1600779077245{padding-right: 0px !important;}&#8221; css_tablet_portrait=&#8221;.vc_custom_1600779077246{padding-right: 5px !important;}&#8221; offset=&#8221;vc_col-xs-6&#8243; css_mobile=&#8221;.vc_custom_1600779077246{margin-left: -18px !important;padding-left: 0px !important;}&#8221;]<a  href=\"https:\/\/tenthplanet.in\/getintouch\/\"  target=\"_self\"  title=\"\"  class=\"tt_button tt_primary_button btn_primary_color hover_solid_primary button-center button-action-link   kd-animated zoomIn add-margin-right\" data-animation-delay=200><span class=\"prim_text\">GET IN TOUCH<\/span><\/a>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Trading ERP software that automates their business worldwide with accounting standards, Inability to look for ways to reduce inbound lead time and improve OTD, optimize the vendor-managed inventories with the VMI customers.<\/p>\n","protected":false},"featured_media":19968,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false},"industry":[65],"class_list":["post-19744","solutions","type-solutions","status-publish","format-standard","has-post-thumbnail","hentry","industry-compiere-timber-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/solutions\/19744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/solutions"}],"about":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/types\/solutions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/media\/19968"}],"wp:attachment":[{"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/media?parent=19744"}],"wp:term":[{"taxonomy":"industry","embeddable":true,"href":"https:\/\/tenthplanet.in\/compiere\/wp-json\/wp\/v2\/industry?post=19744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}