The purpose of this video is to provide an introduction to ERP accounting. This is part 1 of 2. In this first video, we discuss the basic accounting components involved with buying, storing and selling product. This is similar to wholesale distribution. Once you understand the concepts here, move on to the next, more advanced, video that shows all the steps along with all the clearing accounts.
If you would like a demonstration of how this works in ADempiere, Open source ERP, click on the below button, and I will walk you through the actual process.