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“IMPLEMENTATION OF
ERP(Enterprise Resource Planning) IN
            ACCOUNTS”
                 at
          TOPCEM INDIA
   SALES AND MARKETING DEPT.
             GUWAHATI




                    BY : K. ISRAEL LALAWMPUIA
                         MBA 3rd SEMESTER
COMPANY PROFILE
• TOPCEM company started production in the year 2006 at
  Lumshnong in Jaintia Hills of Meghalaya. It produces 1 Lakhs
  MT of Cement per month. It has more than 450 dealers across
  NE Region and North Bengal. It has 28 sales promoters. It
  actively participate in Environmental Issues as well.
• PRODUCT :
• 43 Grade Ordinary Portland Cement; It is produced by MCL
  under the brand name “TOPCEM OPC 43 GRADE”
• 53 Grade Ordinary Portland Cement; it is also produced by
  MCL under the Brand name “TOPCEM OPC 53 GRADE”
• PORTLAND POZZOLANA CEMENT; Produced by MCL under the
  brand name “TOPCEM PORTLAND POZZOLANA CEMENT”
• The company is having dual certifications as
  an ISO 9000:2001 certified, as well as an
  environment-friendly company with ISO
  14001 certification for environment systems,
  first in North East. It have taken up massive
  drive for development of Green belt in NER
  and has a target of planting 70000 saplings
  each year.
Meghalaya Cement Limited is one of the most
profitable cement manufacturers in North East
India.
• Because of its timely raw material linkage
• Because of its proactive capacity expansion
• Because of its expert brand positioning
TAXATION ASPECT
• The company is paying 12.36% service tax
  from the contractors, Excise Duty of 12%,
  Education Cess of 2% , Higher Education Cess
  of 1% and Value Added Tax of 13.5% for using
  the services of others and for the sale of their
  product.
MISSIONS
To provide meaningful service to its
Customers by continually improving the
product and processes use the latest tools
and techniques of performance
improvement and innovation.
GOALS
• To achieve capacity utility of 90% by the end
  of 1st year, 100% by the end of 2nd year and
  105% by the end of 3rd year respectively.
• To minimize wastage by 10% each year by
  using energy efficient tools and technique in
  all processed involved.
• To adopt an environment friendly approach in
  all activities related to all the products and
  production provision.
ERP meaning (HERCULES)

(Enterprise Resource Planning) An integrated information
system that serves all departments within an enterprise.
Evolving out of the manufacturing industry, ERP implies
the use of packaged software rather than proprietary
software written by or for one customer. ERP modules
may be able to interface with an organization's own
Software with varying degrees of effort, and, depending
on the software, ERP modules may be alterable via the
vendor's proprietary tools as well as proprietary or
standard programming languages.
CHARACTER
USES OF ERP IN ACCOUNTS

1.   IT ACCOUNTING BENEFITS.
2.   OPERATIONAL ACCOUNTING BENEFITS.
3.   ORGANIZATIONAL ACCOUNTING BENEFITS.
4.   MANAGERIAL ACCOUNTING BENEFITS.
5.   OPERATIONAL ACCOUNTING BENEFITS
     (Cost)
OBJECTIVES OF THE PROJECT
1. Finding out the Accounting benefits
  derived from the adoption of ERP
  system.
2. Exploring the impact that the ERP
  system has had on accounting
  information and practice.
SOURCES OF INFORMATION
This research is exploratory.
Information is obtained from the records
maintained by the organization.
Discussing with and instruction form project
guide.
FINDINGS
1. FACILITATES CUSTOMIZATION AS PER
   REQUIREMENT.
2. GATHERS DATA AND PRODUCES RESULTS
   QUICKLY.
3. REDUCTION OF TIME AT THE TIME OF
   CLOSING OF ACCOUNTS.
4. IMPROVED DECISION MAKING, INTERNAL
   AUDIT AND QUALITY OF REPORTS.
5. REDUCE THE NUMBER OF PERSONNEL IN
   ACCOUNTS DEPARTMENT.
6. REDUCE TIME FOR PREPARATION AND ISSUE
   OF PAY-ROLL.
7. REDUCTION OF TIME FOR DISPATCH OF
   GOODS.
8. IT IS AN AUTOMATED SOFTWARE.
9. IT HELPS IN CASH MANAGEMENT.
10. ACCOUNT PAYABLE AUTOMATION.
11. ACCOUNT RECEIVABLE AGE ANALYSIS.
12. IT GIVES RISE TO NEW MANAGEMENT
   ACCOUNTING.
13. IT HELPS TO UNDERSTAND WHAT EACH
   FIGURES REPRESENTS.
CONCLUSION
• This study is currently one of the first
  complete sets of data available on Enterprise
  Resource Planning Systems in Topcem Cement
• Overall, we found that the benefits that result
  from the application of an ERP in accounting
  department are great in number and most of
  these are rated very high. Thus, we are in the
  position to argue that it is worthwhile for an
  enterprise to include accounting in its ERP
  system.
SUSSESTION
• Accountants need to have good IT skills to
  apply their knowledge in this new IT-led work
  environment.
• Top management support, collaboration
  within the organization and between the
  organization and the ERP provider and
  employee training/participation appear to be
  successful ingredients in ERP applications.
THANK YOU

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Implementation of erp(enterprise resource planning) in one ..

  • 1. “IMPLEMENTATION OF ERP(Enterprise Resource Planning) IN ACCOUNTS” at TOPCEM INDIA SALES AND MARKETING DEPT. GUWAHATI BY : K. ISRAEL LALAWMPUIA MBA 3rd SEMESTER
  • 2. COMPANY PROFILE • TOPCEM company started production in the year 2006 at Lumshnong in Jaintia Hills of Meghalaya. It produces 1 Lakhs MT of Cement per month. It has more than 450 dealers across NE Region and North Bengal. It has 28 sales promoters. It actively participate in Environmental Issues as well. • PRODUCT : • 43 Grade Ordinary Portland Cement; It is produced by MCL under the brand name “TOPCEM OPC 43 GRADE” • 53 Grade Ordinary Portland Cement; it is also produced by MCL under the Brand name “TOPCEM OPC 53 GRADE” • PORTLAND POZZOLANA CEMENT; Produced by MCL under the brand name “TOPCEM PORTLAND POZZOLANA CEMENT”
  • 3. • The company is having dual certifications as an ISO 9000:2001 certified, as well as an environment-friendly company with ISO 14001 certification for environment systems, first in North East. It have taken up massive drive for development of Green belt in NER and has a target of planting 70000 saplings each year.
  • 4. Meghalaya Cement Limited is one of the most profitable cement manufacturers in North East India. • Because of its timely raw material linkage • Because of its proactive capacity expansion • Because of its expert brand positioning
  • 5. TAXATION ASPECT • The company is paying 12.36% service tax from the contractors, Excise Duty of 12%, Education Cess of 2% , Higher Education Cess of 1% and Value Added Tax of 13.5% for using the services of others and for the sale of their product.
  • 6. MISSIONS To provide meaningful service to its Customers by continually improving the product and processes use the latest tools and techniques of performance improvement and innovation.
  • 7. GOALS • To achieve capacity utility of 90% by the end of 1st year, 100% by the end of 2nd year and 105% by the end of 3rd year respectively. • To minimize wastage by 10% each year by using energy efficient tools and technique in all processed involved. • To adopt an environment friendly approach in all activities related to all the products and production provision.
  • 8. ERP meaning (HERCULES) (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ERP modules may be able to interface with an organization's own Software with varying degrees of effort, and, depending on the software, ERP modules may be alterable via the vendor's proprietary tools as well as proprietary or standard programming languages.
  • 10. USES OF ERP IN ACCOUNTS 1. IT ACCOUNTING BENEFITS. 2. OPERATIONAL ACCOUNTING BENEFITS. 3. ORGANIZATIONAL ACCOUNTING BENEFITS. 4. MANAGERIAL ACCOUNTING BENEFITS. 5. OPERATIONAL ACCOUNTING BENEFITS (Cost)
  • 11. OBJECTIVES OF THE PROJECT 1. Finding out the Accounting benefits derived from the adoption of ERP system. 2. Exploring the impact that the ERP system has had on accounting information and practice.
  • 12. SOURCES OF INFORMATION This research is exploratory. Information is obtained from the records maintained by the organization. Discussing with and instruction form project guide.
  • 13. FINDINGS 1. FACILITATES CUSTOMIZATION AS PER REQUIREMENT. 2. GATHERS DATA AND PRODUCES RESULTS QUICKLY. 3. REDUCTION OF TIME AT THE TIME OF CLOSING OF ACCOUNTS. 4. IMPROVED DECISION MAKING, INTERNAL AUDIT AND QUALITY OF REPORTS.
  • 14. 5. REDUCE THE NUMBER OF PERSONNEL IN ACCOUNTS DEPARTMENT. 6. REDUCE TIME FOR PREPARATION AND ISSUE OF PAY-ROLL. 7. REDUCTION OF TIME FOR DISPATCH OF GOODS. 8. IT IS AN AUTOMATED SOFTWARE. 9. IT HELPS IN CASH MANAGEMENT. 10. ACCOUNT PAYABLE AUTOMATION.
  • 15. 11. ACCOUNT RECEIVABLE AGE ANALYSIS. 12. IT GIVES RISE TO NEW MANAGEMENT ACCOUNTING. 13. IT HELPS TO UNDERSTAND WHAT EACH FIGURES REPRESENTS.
  • 16. CONCLUSION • This study is currently one of the first complete sets of data available on Enterprise Resource Planning Systems in Topcem Cement • Overall, we found that the benefits that result from the application of an ERP in accounting department are great in number and most of these are rated very high. Thus, we are in the position to argue that it is worthwhile for an enterprise to include accounting in its ERP system.
  • 17. SUSSESTION • Accountants need to have good IT skills to apply their knowledge in this new IT-led work environment. • Top management support, collaboration within the organization and between the organization and the ERP provider and employee training/participation appear to be successful ingredients in ERP applications.