[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Transaction reversal - I think
- Subject: Re: Transaction reversal - I think
- From: ..hidden..
- Date: Tue, 20 May 2008 00:58:40 -0700 (PDT)
don't panic it seems like you have your old system you can still use. then
worst come to worst for example in the u.s. you'll just have to pay a
penalty for filing late. that is probably still less then the fees for a
good consultant. anyhow have you checked your purchase and compare it with
your old system and may be it is fine in lsmb? please know that i had
stated in my email that the cog issue we are experiencing is with sl
(2.4.11 just now evaluating 2.8.14 and getting ready for a big step up)
and not lsmb.
as for stock level, we are heavily depended on sl and we have about a 99%
accuracy rate and we catches all mistakes at monthends. most of the errors
we have with stock level are cuased by human errors druing ap entry (i.e.
wrong partnumber, qty, & etc.).
best of luck...tim
> On Mon, 2008-05-19 at 11:48 -0700, ..hidden.. wrote:
>> if you sell tangible goods check to see the purchase/cogs are calculated
>> properly. our businese use sl and at each monthend we have to do a
>> journal
>> entry to correct cog/inventory to reflect the actual values and it is
>> typical that the values are off by 15-20%. that could be quite a bit of
>> money if you are a medium business and the irs probably isn't going to
>> like it too much...tim
>>
>
> Hmmmm - that's not good. Not being an accountant, I'd have to go through
> every transaction manually - might as well use a ledger book! What with
> no Credit Notes, no Opening Stock valuation (or indeed the facility to
> do a Stock Valuation on request), and Re-Order Points insisting on
> ordering *everything* in the data base (most parts are ordered as
> required and not kept on the shelf) and Supplier (Vendor) info
> disappearing after every Parts record edit I'm wondering if I haven't
> made a huge mistake with LSMB. My stock levels are all over the place
> (I'm having to run our old system in parallel to try and keep track of
> what's on the shelf). Our first VAT return is due in at the end of the
> month and I have no confidence in it being correct - we are in big
> trouble. Not good. Not good at all. Oh, and to cap it all the I'm
> getting duplicate invoice numbers in the sales ledger, and can't access
> the duplicate ones to rename and then reverse them. That strikes me as a
> fundamental flaw. I can see our accountants bill for End Of Year busting
> us........
>
> Is 1.3 going to fix all this stuff, and soon, or do I need to find an
> alternative - fast?
>
>
> -------------------------------------------------------------------------
> This SF.net email is sponsored by: Microsoft
> Defy all challenges. Microsoft(R) Visual Studio 2008.
> http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/
> _______________________________________________
> Ledger-smb-users mailing list
> ..hidden..
> https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
>