Erik, Thank you for the detailed answers.
Let me make sure I understand this: In the current version of Ledger, if we create a Vendor Invoice from a Purchase Order but never Received anything using the Shipping > Receive screen, no items will be added to the inventory. This would be a change from previous versions of Ledger where items on a PO were added to inventory upon posting a Vendor Invoice for that PO. Is this correct? Thanks. -Zev On Fri, Jul 12, 2013 at 5:51 PM, Erik Huelsmann <ehu...@gmail.com> wrote: > Hi Zev, Brian, > > Sorry for the late response. The week was quite hectic on my side. > > On Mon, Jul 8, 2013 at 10:04 PM, Brian Wolf <brian.w...@activustech.com> > wrote: > > > > Zev is using 1.3.33. > > However, since we did a few customization, updates may not have been > taken on all modules. > > How do we NOW merge in any changes that would affect this functionality? > > The way I do it is to have a local repository with all the local changes. > The repository uses the "vendor branch" pattern to mirror the upstream > repository. Any changes coming from upstream get merged into the vendor > branch and after that merged from the branch to the trunk - where your > customizations reside, I presume. See more about vendor branches at > http://svnbook.red-bean.com/en/1.8/svn.advanced.vendorbr.html. > > > When does the company actually take possession of the goods they're > purchasing? At receiving (when the company has physical possession of the > goods) or when paying for them (vendor invoice)? > > The registration of the "taking into possession" has to go together with > the actual delivery of the goods and/or services. This means that the > actual payment of the goods is something separate entirely -- at least as > far as accounting is concerned. > > > It seems to me that a company should be able to CHOOSE which methodology > to follow. Some companies consider the goods belonging to them after they > receive them. This approach would create a liability to pay for the > goods. Other companies have to pay for goods BEFORE they are shipped, > since some vendors will not let let goods leave their warehouses unless > paid for. > > Well, these companies - while they probably exist - don't follow > international accounting standards and regulations. It's simply not allowed > to consider goods yours before shipment. > > Any payment made before shipment is - from an accounting perspective - to > be considered a prepayment: a balance held with vendor to deduct any future > invoices. > > > Unless a company can choose which methodology to follow, some may find > the workflow awkward since it doesn't fit their situation. Being able to > choose when accounting and inventory changes are applied makes LedgerSMB > highly customizable. > > While I don't disagree that some workflows may need better support, the > accounting side of it should result in roughly the same postings either way. > > If you have any specific use cases to discuss, let's see what problems > LedgerSMB currently has to handle them: we've been working off use-cases > from real users because they help sharpen the requirements. > > -- > Bye, > > Erik. > > http://efficito.com -- Hosted accounting and ERP. > Robust and Flexible. No vendor lock-in. > Zev is using 1.3.33. > However, since we did a few customization, updates may not have been taken > on all modules. > How do we NOW merge in any changes that would affect this functionality? > > When does the company actually take possession of the goods they're > purchasing? At receiving (when the company has physical possession of the > goods) or when paying for them (vendor invoice)? > > It seems to me that a company should be able to CHOOSE which methodology > to follow. Some companies consider the goods belonging to them after they > receive them. This approach would create a liability to pay for the > goods. Other companies have to pay for goods BEFORE they are shipped, > since some vendors will not let let goods leave their warehouses unless > paid for. > > Unless a company can choose which methodology to follow, some may find the > workflow awkward since it doesn't fit their situation. Being able to > choose when accounting and inventory changes are applied makes LedgerSMB > highly customizable. > > Thanks. > Brian > > Brian Wolf > Phone: 410.367.2958 > Email: br...@activustech.com > Try out Activus Secure Payments™, our recurring payments application. > Demo at http://demo.activustech.com > On 07/08/2013 03:45 PM, Erik Huelsmann wrote: > > Hi Zev, > > On Mon, Jul 8, 2013 at 9:22 PM, Zev Steen <z...@fatowls.com> wrote: > >> Here is our workflow: >> 1. Create PO >> 2. Receive parts >> 3. Turn PO into Vendor Invoice >> >> The problem is when we Receive parts the parts are added to our >> inventory and when we create a Vendor Invoice the parts are added again to >> our inventory. We then end up with twice the inventory in Ledger than we >> actually have. >> >> Does anyone else have this problem? >> > > Yes: anybody using a LedgerSMB version prior to 1.3.31: > http://ledgersmb.org/release/ledgersmb-1331-released-significant-inventory-changes > > >> Am I doing something wrong? >> >> > Yup: you're not using 1.3.31+ ? (I hope, because otherwise we have more > inventory issues....) > > > > -- > Bye, > > Erik. > > http://efficito.com -- Hosted accounting and ERP. > Robust and Flexible. No vendor lock-in. > > > ------------------------------------------------------------------------------ > This SF.net email is sponsored by Windows: > > Build for Windows Store. > http://p.sf.net/sfu/windows-dev2dev > > > > _______________________________________________ > Ledger-smb-users mailing > listLedger-smb-users@lists.sourceforge.nethttps://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > > > > ------------------------------------------------------------------------------ > This SF.net email is sponsored by Windows: > > Build for Windows Store. > > http://p.sf.net/sfu/windows-dev2dev > _______________________________________________ > Ledger-smb-users mailing list > Ledger-smb-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > > > ------------------------------------------------------------------------------ > See everything from the browser to the database with AppDynamics > Get end-to-end visibility with application monitoring from AppDynamics > Isolate bottlenecks and diagnose root cause in seconds. > Start your free trial of AppDynamics Pro today! > http://pubads.g.doubleclick.net/gampad/clk?id=48808831&iu=/4140/ostg.clktrk > _______________________________________________ > Ledger-smb-users mailing list > Ledger-smb-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > -- Zev Steen Fat Owls
<<activus_logo_small.png>>
------------------------------------------------------------------------------ See everything from the browser to the database with AppDynamics Get end-to-end visibility with application monitoring from AppDynamics Isolate bottlenecks and diagnose root cause in seconds. Start your free trial of AppDynamics Pro today! http://pubads.g.doubleclick.net/gampad/clk?id=48808831&iu=/4140/ostg.clktrk
_______________________________________________ Ledger-smb-users mailing list Ledger-smb-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
