A sales price or an invoice amount is easy to track and report on.  Once a sales transaction is done the total amount is the total sale.  That’s it.  But when we look at the cost of that sale in order to arrive to a profit the equation becomes a lot more fuzzy.

If we do not keep our eye on the profit, then there is not much need for a sophisticated ERP.  So let’s dive a little bit into one aspect of costing as it pertains to NAV.

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The field of ERP is vast and very complicated.  I have been doing this for longer than I care to remember now and am still learning new things, both technical details and broad concepts.  As every person who is involved in technology knows, the ground we stand on changes every minute. Read the rest of this entry »