How do I find "cost update entries" that are adding to my $28 for the device?
2 03/08/2021 03:45:28 pm
Topic: COGS inflated (3 replies, posted in Banking and General Ledger)
I have received 5 orders through the PO module and all devices for this inventory unit were entered at a cost of $28.
When I look at my G/L the COGS per unit on that item is $46 recently.
It was running smoothly at $28 for 2 months and suddenly it started with this new COGS.
I know that the system would use a LIFO or FIFO or Average cost method for COGS but all 5 orders were same price.
Any ideas why this happened???
3 01/22/2020 08:27:30 pm
Topic: 1 Customer who has 50 customers (3 replies, posted in Setup)
We have a single customer (Call them ABC Corp.) that wants us to drop ship our product to their many customers around the US. We only invoice our customer.
They also want us to be able to tell them how many units were shipped to each customer every week.
Is there a way to set up a single customer (ABC Corp.) and have their customers be a sub-group and roll up to the single customer level (ABC Corp.)?
Example:
ABC Corp (our customer)
-ABC Corp Customer 1
-ABC Corp Customer 2
4 04/08/2019 11:54:19 pm
Topic: Inventory Adjustment (0 replies, posted in Items and Inventory)
Front Accounting has 100 units in inventory but an actual inventory count of 200
I want to do an inventory adjustment but my concern is:
I will somehow effect the COGS per item on my I/S (I have the correct total cost in the GL for all the inventory we have purchased)
Should I put in the $10 per unit cost in the inventory adjustment entry or should I put $0.00?
Goal is that if I sell 10 units I want to see $100 in the COGS not something higher or lower.
5 01/25/2019 07:48:54 pm
Re: Posting A/P JE without referencing a Supplier (7 replies, posted in Accounts Payable)
2.4.4
6 01/25/2019 06:34:05 pm
Re: Posting A/P JE without referencing a Supplier (7 replies, posted in Accounts Payable)
where can I find that?
7 01/25/2019 06:00:02 pm
Re: Posting A/P JE without referencing a Supplier (7 replies, posted in Accounts Payable)
It makes me choose a "counterparty" which is a vendor
8 01/25/2019 05:56:13 pm
Topic: Posting A/P JE without referencing a Supplier (7 replies, posted in Accounts Payable)
I want to make a JE:
Checking Account
Accounts Payable
but it makes me choose a supplier and then it shows up in my aging.
We don't owe the supplier anything so if I do choose them it shows up on my payment report.
9 11/05/2018 03:40:48 pm
Topic: Applying credit vs A/R (1 replies, posted in Accounts Receivable)
I have a $500 credit on my A/R in the current portion of aging and the original invoice as a positive past 60 days.
How do I apply this credit so that when I go into this customer payment tab it doesn't just show the $500 looking to be paid?
10 10/12/2018 03:06:31 pm
Re: Invoice Formating (4 replies, posted in Accounts Receivable)
Ok but what tab (set up?) and function do I go to so I can see the logo that is there now and to replace?
11 10/04/2018 04:39:14 pm
Topic: Bank Rec (1 replies, posted in Banking and General Ledger)
1) I wanted the date to be 9/30/18 on my bank rec but it saved as 9/12/18, can that be changed without unchecking cleared items and saving a new one with the correct 9/30/18 date?
2) Why in the world does it not save opening and closing balances when I jump from one to the other?
12 08/20/2018 05:54:44 pm
Re: How do I turn off Auto Payment? (5 replies, posted in Accounts Receivable)
So, if a customer has 30 day terms I need to change terms to net xx to turn this function off??????
13 08/20/2018 05:24:20 pm
Topic: How do I turn off Auto Payment? (5 replies, posted in Accounts Receivable)
Something in the set up is pushing a payment through every time I invoice a customer after I make a delivery against an order.
To complicate the matter it puts it in the wrong bank account.
How do I get front accounting to just invoice it and let me allocate the payment when it actually arrives?
Thanks
14 08/15/2018 01:57:10 pm
Topic: Is there an A/P Report? (1 replies, posted in Accounts Payable)
My boss wants to see an A/P report that shows what we have outstanding so he can pick and choose what to pay.
Is there one?
Thanks
15 08/13/2018 06:51:41 pm
Topic: Purchase Price Variance JE (1 replies, posted in Banking and General Ledger)
I have a month end JE in my GL for an account that is called Purchase Price Variance. It is a credit to COGS equal to the debit to the COGS account titled Freight
Is this an automated month end JE?
I have no idea what it is trying to accomplish since they wash. Any thoughts?
16 08/01/2018 07:15:35 pm
Re: Can I copy a JE? (4 replies, posted in Banking and General Ledger)
will do thanks
17 08/01/2018 06:52:53 pm
Re: Can I copy a JE? (4 replies, posted in Banking and General Ledger)
ok i took your advice and don't see copying or reoccuring JE in wiki.
Can you point me in the right direction?
Thanks
18 08/01/2018 06:28:56 pm
Topic: Can I copy a JE? (4 replies, posted in Banking and General Ledger)
I have to make the same JE that is about 15 lines long twice a month.
Is there a way to copy the last entry or set up something to save me a ton of extra work?
19 08/01/2018 06:20:06 pm
Topic: Counter Party (4 replies, posted in Banking and General Ledger)
I took over the accounting so no clue why my checking account has a "counterparty" choice when making the payroll JE.
1) what is a counterparty in regards to my main GL account?
2) Where was it set up in Front Accounting?
3) Can i delete it?
20 08/01/2018 06:17:26 pm
Re: Inventory Effect (4 replies, posted in Accounts Receivable)
much appreciated
21 07/31/2018 01:03:13 pm
Re: Inventory Effect (4 replies, posted in Accounts Receivable)
We sell a subscription for $99 per year. Of that I want:
- 1 unit of the widget to come out of inventory
- Recognizes $44.99 in revenue for the widget
- Recognize remaining $45 as subscription income (and obviously no inventory tied to this)
I was told maybe a sales kit might be the way to go?
Make more sense of what I am trying to say?
22 07/30/2018 08:08:17 pm
Topic: Inventory Effect (4 replies, posted in Accounts Receivable)
We sell widgets and that widget might be included in a service plan for 1-3 years.
What is the easiest way to have 200 widgets come out of inventory if we sold 200 2 year plans?
I would like to recognize the revenue in 2 parts if possible: Widget revenue and service plan revenue.
23 07/30/2018 01:37:31 pm
Topic: Editing or Delete a bank rec (2 replies, posted in Banking and General Ledger)
The bank rec starting balance is off by $ because someone before me but in wrong closing balance. How can I correct the June bank rec so July can be finished?
24 07/23/2018 04:43:02 pm
Topic: When does Inventory hit GL? (1 replies, posted in Banking and General Ledger)
I created a PO, accepted the inventory yet I don't see it as a current asset or a payable to the supplier.
Where in the process does this hit my balance sheet and I/S?
Also how do I un-receive inventory because i put the wrong supplier on the PO and I need to delete the PO and do over?
25 07/19/2018 08:30:10 pm
Topic: Invoice Formating (4 replies, posted in Accounts Receivable)
How do I get our company address in the upper left corner of our invoices below our Logo?
I have never worked in the program so forgive me if this is a simple fix.