On 27. 04. 11 17:22, Ovnicraft wrote: > > > On Wed, Apr 27, 2011 at 10:03 AM, Fred Blauer <[email protected] > <mailto:[email protected]>> wrote: > > Fixed Assets and inventory are treated differently from accounting > point of view, and the entries are completely different. Inventory > is for resale and fixed assets are not. There is a gain/loss on > sale of fixed assets (based on depreciated cost) and not on > inventory. Fixed assets are depreciated and inventory is not. > Fixed assets are considered long term assets (more than 1 year), > while inventory is short term, on the financial statements. > Usually fixed assets are in a separate module, since they are > treated completely differently than inventory, from an accounting > point of view. > > > Thanks Fred for you comment so i propose create another locations with > asset module it will get: > > Name > Code > Keeper (employee who the responsible of the asset, i dont know if this > is common in all countries) > Asset will get a direct relation with this location. > > Module allow transfer between locations, there is any account > treatment here? > > Waiting for your comments. > > Best regards, > as I somehow said already, not sure this is needed, let's not complicate things... there is a strong infrastructure for dealing with locations, let's just use it wisely. the "keeper" has no utility in accounting, this is only an administrative issue. I suggest to focus in this round on accounting issues, and the move forward.
what do you think? b
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