Hello Ben,

Thnx...

I tried it as well... but my COGS went hell wire when at the beginning I
created few Credit Notes for large quantities of items. I tried to delete
invoices and credit notes and recreate service invoices for the deleted
amounts but it never came right again. What I am doing is GL entries between
inventories and consumables to drop stock levels to the sensible levels...
otherwise stock is blowing up taxable profits :)...

Even after company grows it never is going to be "buy and resell" set-up. I
think combination "stock item" for main components and "service" option will
work best for me :)... just entering new codes must be "procedure"
controlled to avoid "wild west" entries :)


-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Benjamin Brink
Sent: 05 June 2013 03:48 PM
To: [email protected]
Subject: [SQL-Ledger] Re: Stock Control

Jersey,

Another option is to create a customer record consisting of your company
name.

Periodically have your company, as customer, purchase remaining stock in one
invoice where everything is discounted 100%.

This process has the advantage that if you every get really successful,
where inventory becomes a significant tax or accounting issue, you don't
have to re-setup your sql-ledger just when you're getting busy..

cheers,

Ben

On 06/05/2013 06:33 AM, J.M. "Jersey" Miszczyk wrote:
> Hello Jean-Pierre
>
> Thank you very much... still a while before the exercise happens...
> financial year ends in Feb14 J... but I am preparing .
>
> Best regards
>
> "Jersey"
>
> *From:*[email protected]
> [mailto:[email protected]] *On Behalf Of *Jean 
> Pierre Guillou
> *Sent:* 05 June 2013 03:11 PM
> *To:* [email protected]
> *Subject:* [SQL-Ledger] Re: Stock Control
>
> Jersey
>
> Simplist would be to export balances as CSV and use the import scripts 
> to import into a new dataset - You need to however take care so that 
> you don't double count.
>
> All imports to be done on last day of previous period (eg closing
> balances) :
>
> Import AR & AP balances first (using suspense codes) to update GL Post 
> journal in GL to cancel suspense accounts so that TB is empty Import 
> closing GL balances as journal
>
> If you want to start with a proper bank recon, for your cash balances, 
> input several transactions in your TB - one for the closing bank 
> balance and one for each of your non-reconciled items. This way, your 
> old un-cleared items will appear on your first bank recon.
>
> Hope this helps.
>
>
> Regards
>
> Jean-Pierre
>
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> On 5 June 2013 13:17, J.M. "Jersey" Miszczyk <[email protected] 
> <mailto:[email protected]>> wrote:
>
> Thnx J...
>
> Some of them I did that way already, "booked" against appropriate 
> accounts. I was checking if there is a different way.
>
> The other question... Say I close books now. How could I populate a 
> new accounting set with take on balances? Is there a way? Or I have to 
> start with a clean slate?
>
> Best regards
>
> "Jersey"
>
> *From:*[email protected]
> <mailto:[email protected]>
> [mailto:[email protected]
> <mailto:[email protected]>] *On Behalf Of *Chris 
> Travers
> *Sent:* 05 June 2013 10:54 AM
> *To:* SQL-Ledger Users
> *Subject:* [SQL-Ledger] Re: Stock Control
>
> On Wed, Jun 5, 2013 at 1:26 AM, J.M. "Jersey" Miszczyk 
> <[email protected] <mailto:[email protected]>> wrote:
>
> Hello Guys,
>
> A morning quickie... might already be addressed before:
>
> Is it possible to run SQL Ledger with stock codes for products but 
> without stock control? COGS drives me bananas and every 3 months I am 
> running stock adjustment via GL writing excessive stock against 
> various consumables accounts.
>
> Sure.  Just create everything as a service.
>
> Best Wishes,
>
> CHris Travers
>
>
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