FrontAccounting forum — Set up F.A for microfinance bank

Re: Set up F.A for microfinance bank

null@example.com (tm) — Thu, 17 Oct 2013 15:45:42 +0000

Quick entries are fine, but it's probably not the kind of automation you are asking about. If you want to adjust balances monthly, you could always query the database "from outside" and insert new transactions based on the result. I do something similar for my VAT reports by importing journal entries.

Re: Set up F.A for microfinance bank

null@example.com (joe) — Thu, 17 Oct 2013 15:09:06 +0000

Consider using Quick Entries for your transactions. See the wiki.

Joe

Re: Set up F.A for microfinance bank

null@example.com (raptureman) — Thu, 17 Oct 2013 14:17:51 +0000

Is there a way to automate 'interest' charge (interest income) on 'accounts receivable' (i.e. microfinance loans) on monthly basis? If yes, then Frontaccounting can handle microfinance. What could be the way to do that? Thanks.

Re: Set up F.A for microfinance bank

null@example.com (joe) — Mon, 28 Jul 2008 07:58:13 +0000

Thanks for your nice words.
You should follow the install instructions inside the application. We are not familiar with the specific setup for a microfinance bank. Maybe you you shall modify the chart of accounts after creating your own company. Talk to an accountant about that.
Maybe somebody in the audience have additional tips for you.

/Joe

Set up F.A for microfinance bank

null@example.com (lanlife) — Sun, 27 Jul 2008 21:15:22 +0000

Hello all
Quite a great application.
I have looked at the functionality of the application and needs help on the settings this application up for the use of microfinance bank.

Thanks