Hi, Thanks for the comments!
I spoke with my accountant and we found that, this question is in a special case of opening a new book, using some numbers from the old book. In other words: - we close the financial year in one book - we open the next financial year in a new book. We have to transfer existing stocks, balances etc. The question in general, what is the proper way to do this, without making accountants and supervisors crazy :) In our new books there are some accounts, which holds opening values/amounts. For example, just speak about the stock items. Let's say, I have 10 units of barebone computers. Already paid last year to the real vendor, it is on the old book (SL) etc. In the new book, I create a vendor invoice with these 10 barebone computers, where the vendor is the Inventory Entity. -> If I put the real amounts, I purchased last year, it will increase the: 4541 - vendor account and 2610 - stock values Instead of 4541, we really need to be able to choose the 4910, which is the opening account. Otherwise it seems ok, at least, 2610 has a value, which seems correct, but not the 4541. I guess the workaround could be in this case: enter the invoice like above and fix it by transfer the amount from 4541 to 4910 as a General Journal entry. -> Accountant will screem and must be careful when the opening values will be transferred from the old book into the new one. Or should I add 4910 temporarly to AP transactions to be able to put values directly to that account and after the opening process, get out from AP transactions? -> If I enter discount 100%, I will get 0 on 4541 and 2610. As I checked this option, I can see only 2610 is hit by the invoice, but without value (empty amount), which is not really true, due to that, the stock has a value. I guess, in this case amount must be transferred from the opening balance (let's say 4910) to 2610 to have stock amounts. ------------------------------- As shown in the example above, opening a new book with initial values and stocks, could be a challange, because accountants will try to find the menu entry: opening books / inventory control. If there is no such a menu entry for that, there should be a way to do these actions in a correct way, which should be clear enough to pass the control from government :) So, do you have any experience with this kind of operation? Thanks, István ------------------------------------------------------------------------------ WatchGuard Dimension instantly turns raw network data into actionable security intelligence. It gives you real-time visual feedback on key security issues and trends. Skip the complicated setup - simply import a virtual appliance and go from zero to informed in seconds. http://pubads.g.doubleclick.net/gampad/clk?id=123612991&iu=/4140/ostg.clktrk _______________________________________________ Ledger-smb-users mailing list Ledger-smb-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
