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Re: COGS incorrect when invoices are reposted



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.
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