ERPNext 14: New Features, Use Cases, and Hosting Solutions

On August 1, 2023, ERPNext 14 was released. In this blog, we will introduce you to the key features, benefits, use cases of ERPNext 14, and hosting solutions for ERPNext 14, highlighting its capabilities and how it can transform your business.

New Features of ERPNext 14

ERPNext 14 introduces several new features and enhancements that further enhance its capabilities and user experience. Some features include:
1. Accounting

1.1 Improved Indian Compliance and GST APIs.
1.2 Common Party Accounting.
1.3 Provisional accounting for expenses.
1.4 Discount Accounting.
1.5 New Payment Reconciliation Tool.
1.6 Coupon Code in POS.
1.7 Configurable cost center allocation.
1.8 Payment Ledger.
1.9 Cash and Non trade discounts in Sales Invoice.
1.10 Improved TaxJar Integration.
1.11 KSA E-Invoicing.
1.12 South Africa VAT Audit Report.
1.13 E Invoice Eway Bill Distance is calculated automatically
1.14 Payment Terms Status report
1.15 Merge POS invoices based on customer group
1.16 Ledger Merger
1.17 Increase number of supported currency exchanges

2. Stock

2.1 LIFO Valuation.
2.2 Batch-wise Valuation Rates.
2.3 Better Barcode Scanning.
2.4 Over transfer allowance for material transfers.
2.5 Scanning in Pick List.
2.6 GLE reposting with progress and chunking for backdated entries.

3. E-Commerce

3.1 Redesigned E-commerce Portal
3.2 E-commerce Search.

4. Assets

4.1. Asset Splitting
4.2. Grouped Asset
4.3. Asset Repair
4.4 Consume serialized items during Asset Repair

5. Manufacturing

5.1. Faster BOM Update Tool
5.2. Scrap Item in Job Card
5.3. Process Loss in manufacturing
5.4 Production Plan Summary Report
5.5 Work Order Consumed Materials Report
5.6 Provision to close the Work Order
5.7 Provision to aggregate subassembly items in production plan

6. CRM

6.1. Refreshed CRM Flows
6.2. New Prospect document
6.3. CRM Settings Page
6.4 Competitor Tagging in Opportunity and Quotation
6.5 Sales Pipeline Analytics Report
6.6 Opportunity Summary by Sales Stage Report

7. HR & Payroll

7.1. Organizational Chart
7.2. Income tax computation Report
7.3. Exit Interview and Employee Exits Report
7.4 Leave Type configuration to allow over allocation

Please refer to the V14 updates for ERPNext for detailed updates.

Use Cases of ERPNext Version 14 Hosting

ERPNext 14 caters to a wide range of industries and business types. Here are some common use cases:

fiber_manual_record Small and Medium-Sized Enterprises (SMEs): ERPNext 14 hosting allows SMEs to streamline their operations, automate processes, and manage their resources effectively, leading to improved productivity and cost savings. SMEs can benefit from ERPNext 14 hosting by gaining access to an affordable and feature-rich ERP solution without the need for significant upfront investments in hardware and infrastructure.

fiber_manual_record Multi-Location Businesses: Businesses with multiple branches or locations can centralize their operations and data management through ERPNext 14 hosting.

fiber_manual_record Indian Organizations: ERPNext version 14 has improved Indian Compliance and GST APIs. This is designed to make compliance with Indian rules and regulations simple, swift, and reliable.

fiber_manual_record Service-Based Industries: Service-based industries, such as ERPNext consulting firms and ERPNext implementation providers can effectively manage their projects, resources, and service delivery through ERPNext 14 hosting.

These are just a few examples of the use cases for ERPNext 14 hosting. The flexibility and extensive functionality of ERPNext 14 make it suitable for various industries and business sizes, empowering organizations to streamline their processes, improve collaboration, and drive overall business growth.

Benefits of ERPNext Version 14

By implementing ERPNext 14 on Cloud Clusters platform, businesses can unlock a range of benefits, including:

fiber_manual_record Streamlined Operations: ERPNext 14 enables businesses to automate and streamline their key processes, eliminating manual tasks and reducing errors. This leads to increased efficiency, improved productivity, and time savings.

fiber_manual_record Improved Decision-Making: With accurate and real-time data available at your fingertips, ERPNext 14 empowers businesses to make informed decisions. The advanced reporting and analytics tools provide actionable insights, enabling organizations to identify trends, optimize resources, and capitalize on opportunities.

fiber_manual_record Enhanced Collaboration: ERPNext 14 facilitates collaboration and communication across departments, teams, and stakeholders. With centralized data and streamlined workflows, employees can collaborate seamlessly, improving coordination and driving cross-functional efficiency.

fiber_manual_record Scalability and Flexibility: ERPNext 14 is designed to grow with your business. It offers scalability and flexibility to adapt to changing business needs and accommodate future expansion. Whether you are a small startup or a large enterprise, ERPNext 14 can scale alongside your organization.

fiber_manual_record Cost-Effective Solution: As an open-source ERP software, ERPNext 14 provides a cost-effective alternative to proprietary solutions. It eliminates the need for expensive licensing fees and offers the freedom to customize the software to fit your unique business requirements.

Minimum System Requirements of ERPNext Version 14 Hosting

Before subscribing to an ERPNext 14 hosting service, it is important to ensure that your system meets the following requirements:

fiber_manual_record Memory: minimum 2 GB, recommended 4GB.

fiber_manual_record CPU: 2 cores.

fiber_manual_record Hard Disk Space: 40GB.

More resources is required if you have large ERPNext data. Cloud Clusters ERPNext 14 hosting allows for a 7-day free trial and one-click upgrade or downgrade. Feel free to try with a suitable plan and scale up or down as needed.

Cloud Hosting Plans for ERPNext 14 - Start a Trial

Black Friday Sale

Express ERPNext Cloud Plan

2.5/mo
50% OFF Recurring (Was $4.99)
1mo6mo12mo24mo
Free Trial
  • 2 CPU Cores
  • 2GB Memory
  • 60GB SSD Disk
  • 60GB SATA Backup Storage
  • Unmetered Bandwidth
  • Twice per Month Backup
  • On-Demand Backup
  • 24/7 Technical Support
Black Friday Sale

Basic ERPNext Cloud Plan

5.39/mo
40% OFF Recurring (Was $8.99)
1mo6mo12mo24mo
Free Trial
  • 3 CPU Cores
  • 4GB Memory
  • 100GB SSD Disk
  • 100GB SATA Backup Storage
  • Unmetered Bandwidth
  • Twice per Month Backup
  • On-Demand Backup
  • 24/7 Technical Support

Professional ERPNext Cloud Plan

15.99/mo
1mo6mo12mo24mo
Free Trial
  • 4 CPU Cores
  • 8GB Memory
  • 160GB SSD Disk
  • 160GB SATA Backup Storage
  • Unmetered Bandwidth
  • Weekly Backup
  • On-Demand Backup
  • 24/7 Technical Support

Advanced ERPNext Cloud Plan

31.99/mo
1mo6mo12mo24mo
Free Trial
  • 6 CPU Cores
  • 16GB Memory
  • 240GB SSD Disk
  • 240GB SATA Backup Storage
  • Unmetered Bandwidth
  • Weekly Backup
  • On-Demand Backup
  • 24/7 Technical Support

Related Articles

ERPNext 15

The blog is to introduce a comprehensive guide on ERPNext 15, including its new features, system requirements, and hosting solutions.

ERPNext 13

The blog is to introduce a comprehensive guide on ERPNext 13, including its new features, system requirements, and hosting solutions.

Install Extra APP in ERPNext 14

In this article, we will show you how to install extra apps or modules into your ERPNext 14 instance.

Add your Domain to ERPNext

This guide shows you how to add your custom domain to your ERPNext instance and how to enable FREE SSL certificate.