forgot to mention that for a cash accounting the current systems works for a accrual system the liability or assets are the day they were brought into being, not the day the actual money is transfered.
BJ Freeman sent the following on 8/26/2008 4:02 PM: > lets say you have invoice that was billing in the 2nd quarter but did > not get paid till the 3rd quarter. > so it got entered in the the wrong part of the fiscal year. > not the entry date would be when it got entered in the 3rd Quarter > but there is not way to say wait a minute this is suppose to be credited > to the 2nd quarter revenues. > > Jacques Le Roux sent the following on 8/26/2008 2:25 PM: >> Alexander, >> >> It was a quick answer since this setting is hard to find and I had >> nothing else to propose. >> It seems that entryDate is there for this purpose, please have a look at >> createFinAccountTrans service >> >> <service name="createFinAccountTrans" engine="simple" >> default-entity-name="FinAccountTrans" >> location="org/ofbiz/accounting/finaccount/FinAccountServices.xml" >> invoke="createFinAccountTrans"> >> <description>Create a new Financial Account Transaction. Will use >> current timestamp for entryDate and trasanctionDate if none is >> provided.</description> >> <auto-attributes mode="OUT" optional="false" include="pk"/> >> <auto-attributes mode="IN" optional="true" include="nonpk"> >> <exclude field-name="performedByPartyId"/> >> </auto-attributes> >> </service> >> >> UI : https://localhost:8443/accounting/control/EditFinAccountTrans >> >> Jacques >> >> >> From: "Alexander Kjeldaas" <[EMAIL PROTECTED]> >>> Hi Jacques, >>> >>> Thanks for your answer, but I am not sure you understood my question. >>> In a system where the fiscal period is part of the transaction, a date >>> does not belong to a fiscal period, and two transactions that are on >>> the same day might be in different fiscal periods. >>> So the transaction date does not define the fiscal period for the >>> transaction. >>> >>> When you close the books, and someone comes along with an invoice or >>> something that belonged to the closed period, it seems that you need >>> to lie about the transaction date in order to get it into the new >>> (open) period. Is this how one usually do this sort of thing? >>> >>> - A >>> >>> 2008/8/26 Jacques Le Roux <[EMAIL PROTECTED]>: >>>> https://localhost:8443/webtools/control/EditCustomTimePeriod >>>> >>>> Jacques >>>> >>>> From: "Technology Investor" <[EMAIL PROTECTED]> >>>>> Hi, >>>>> >>>>> I see that FinAccountTrans does not have any period information for a >>>>> transaction. >>>>> What I am used to is that the fiscal period is independent of the >>>>> transaction date so that I can have an entry in fiscal period Q3 2008 >>>>> but where the transaction actually happened in Q2 (but the guy came >>>>> too late with the invoice so the books were closed). >>>>> How is this situation typically handled in ofbiz? >>>>> >>>>> - A >>>>> >> >> >> > > > >
