Re: COGS incorrect when invoices are reposted

[roland porth <..hidden..>]

Chris Travers wrote:
> How would you deal with an invoice which had an error on it?
>
> Note that when we say voiding an invoice, this means posting reversing
> transactions and flagging the invoice as voided for reporting
> purposes.
>
> Best Wishes,
> Chris Travers
>   
Maybe this has already been answered.  Are there published  GAAP or FASB 
Standards to which LedgerSMB should conform regarding audit trails, 
transaction voiding and transaction editing??  Being 
"standards-compliant"would be a good marketing point relative to 
QuickBooks, et al.  Which countries should be considered?

Roland
> On 9/21/06, John Hasler <..hidden..> wrote:
>   
> > Alejandro writes:
> >     
> > > I am in favor of defining voiding documents and creating new ones.
> > >       
> > I'm not convinced that it should be possible to alter _or_ void posted
> > invoices.
> > --
> >