On Fri, 08 Feb 2008 04:08:51 +0800, <[EMAIL PROTECTED]> wrote: > I am using one of the standard chart of accounts provided with > Ledger-SMB. > One of my activities is baking bread. I have a seperate program which > takes care of producing invoices and calculate the costing. > I would like to add two accounts "Sales - Bread" and "Cost of Sales > Bread". > Currently "Sales is 4000 and Materials Purchased is 5000, I want them > left > alone because I do some manufacturing of other products and they appear > under those accounts. > I only want to make entries via the general ledger at the end of each > month for the "Cost of Bread sales" and "Sales - Bread" > What entries do I need to make to achieve this? Could I simply do 4001 > Sales Bread 5001 Cost of Sales Bread?
With reference to the above. I have figured out how to set up those two accounts. However there is a flaw. I cannot simply post sales and cost of sales because the transaction will not balance. Where do I put the difference between sales and cost of sales? Profit and Loss Account? Regards Martin Prior -- Using Opera's revolutionary e-mail client: http://www.opera.com/mail/ ------------------------------------------------------------------------- This SF.net email is sponsored by: Microsoft Defy all challenges. Microsoft(R) Visual Studio 2008. http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
