To clarify the details the flow should be like this: 1. The post dated cheque as against an accounts payable. 2. You can issue a payment for the same and then use scheduled transaction in financials from opentaps to schedule the posting of this entry to GL on the date of cheque. 3. You can then later do a bank reconciliation which is easy with financials in opentaps.
Regards, Vikrant -----Original Message----- From: Manpreet Saini [mailto:[EMAIL PROTECTED] Sent: Tuesday, August 14, 2007 8:40 PM To: [email protected] Subject: Re: Goods on Consingment basis Thanxs for the input. I've one more query regarding the flow - How can we account for Post-dated Cheques. I'm not able to locate the account setting where we can handle it. Regards, Manpreet On 8/14/07, Scott Gray <[EMAIL PROTECTED]> wrote: > > You would also need to implement supplier/vendor returns which is > currently > missing from OFBiz in order to track what they take back. > > Regards > Scott > > On 14/08/07, [EMAIL PROTECTED] < > [EMAIL PROTECTED]> wrote: > > > > Hi manpreet, > > > > Ofbiz support drop shipments in which vendor ships the goods. In your > case > > if you are stocking the goods then just create a PO, and then receive in > > warehouse. It would create a liability in your balance sheet which is > > Uninvoiced Item Receipts. > > > > Then once you sold the goods and vendor issues an invoice you can just > > create a proforma invoice in your system and the sold items become > Accounts > > Payable and no longer in Uninvoiced Item receipts. > > > > If you want to automate the process of converting the sales order to > > respective purchase orders directly need some customization. > > > > Regards, > > Vikrant > > > > > > -----Original Message----- > > From: Manpreet Saini [mailto:[EMAIL PROTECTED] > > Sent: Monday, August 13, 2007 6:04 PM > > To: [email protected] > > Subject: Goods on Consingment basis > > > > Hello, > > > > I'm new to ofbiz. > > > > I've a requirement that our vendors supplies us goods on consignment > basis > > i.e They provide us the goods and we only need to pay them in the end of > > the > > month for the goods that are sold in a month. And also vendor adds or > take > > away some part of the consignment at any time. > > > > My query is how this situation can be handle in OfBiz > > > > 1) When the vendor supplies us the consignment it get adds to our > > inventory. > > 2) Vendor payment Invoice is generated based on the number of pieces > sold > > in > > the particular month. > > 3) We are able to keep track of number of goods added/taken-away by > vendor > > during a particular month. > > > > Thank you in advance. > > > > Manpreet > > > > No virus found in this incoming message. > > Checked by AVG Free Edition. > > Version: 7.5.476 / Virus Database: 269.11.17/951 - Release Date: > 8/13/2007 > > 10:15 AM > > > > > > No virus found in this outgoing message. > > Checked by AVG Free Edition. > > Version: 7.5.476 / Virus Database: 269.11.17/951 - Release Date: > 8/13/2007 > > 10:15 AM > > > > > No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.476 / Virus Database: 269.11.19/953 - Release Date: 8/14/2007 5:19 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.476 / Virus Database: 269.11.19/953 - Release Date: 8/14/2007 5:19 PM
