1

(2 replies, posted in Setup)

its look like your code has be altered. If you are using standard version of FA then Please replace fowling files FA root/admin/company_preferences.php? and FA root/admin/display_prefs.php?

after replacing both files then please check the results.

Regards.

Sorry This feature is not available in current version of Frontaccouting . However if you want to avoid those items for selling then you can use tag "Exclude from sales" while opening new item.

Thanks.

I thinks he actually mean "Percentage From sale Discount" .

Can you send me your sql file so that I can check?

If you want to skip delivery then you should test direct invoices feature, it auto generate delivery and sale order just for completion of normal sale cycle.

did you use Direct invoice feature? Some time people are mixing sale order with invoices and delivery. normally the sale cycle is as follow
1) Quotation -- NO impact on stock
2) Sale order -- No impact on Stock
3) Sale Delivery-- here is stock is reduce
4) Sale invoice -- its depend upon inventory configuration, normally no impact on stock
5) Payment of Sale invoice
6) Allocation of that pavement to invoice


Regards.
PHPDv

7

(3 replies, posted in Setup)

Dear Please create different security rolls with required privileges, and assign to relevant users.

Go to setup tab and then find Access setup. here you can create different security roles.

Thanks.

FA mean Frontaccounting. smile

HI FA experts and Users,

I am facing an issue while running excel report with Urdu language (utf-8). The words in Urdu are showing scramble and format of reports are scattered .

Can any body help me on this.

I am using following.
FA version 2.21
Language "Urdu"

PHP 5.4

Regards.

10

(3 replies, posted in Dimensions)

If you want to use dimensions as project then you have to design the complete transaction structure and enable dimensions on every form so that you can track the project and get P&L of that project.

Dear All,

FA already have the tracking of the revision of sale qout/order(look sale_order table column version). only problem is that, while revision, FA replace previous data with new one. If you don't want  to need original data, then use this feature, and on reports, little amendment required, just add version record with original order no. 

Regards,
PHPDV

Hi dear,
While editing a sale delivery , i notice "THIS DELIVERY" cell shows stock in hand on that date. I think this cell must show the previous entered quantity . I make this clear with example.

For example

22-03-2014 I have 100 units in stock of item name "ABC"

23-03-2014 i make a sale delivery of 100 unit of Item "ABC",

Latter i want to reduce some quantity , i go to customer transaction inquiry and find that delivery, click edit, then it show the me 0 on "THIS DELIVERY" cell, rather than 100.

Thanks,
PHPDV

13

(9 replies, posted in Announcements)

I have also the same problem, please reply sad

14

(5 replies, posted in Wish List)

Great Work , Specially Sales project. Can you please share with me , i really want to use this feature.

Thanks

15

(2 replies, posted in Items and Inventory)

Average Cost (AVCO) Method

Average cost method (AVCO) calculates the cost of ending inventory and cost of goods sold for a period on the basis of weighted average cost per unit of inventory. Weighted average cost per unit is calculated using the following formula:
Weighted Average     =     Total Cost of Inventory
Unit Cost    Total Units in Inventory

Like FIFO and LIFO methods, AVCO is also applied differently in periodic inventory system and perpetual inventory system. In periodic inventory system, weighted average cost per unit is calculated for the entire class of inventory. It is then multiplied with number of units sold and number of units in ending inventory to arrive at cost of goods sold and value of ending inventory respectively. In perpetual inventory system, we have to calculate the weighted average cost per unit before each sale transaction.

The calculation of inventory value under average cost method is explained with the help of the following example:
Example

Apply AVCO method of inventory valuation on the following information, first in periodic inventory system and then in perpetual inventory system to determine the value of inventory on hand on Mar 31 and cost of goods sold during March.
Mar 1    Beginning Inventory    60 units @ $15.00 per unit
5    Purchase    140 units @ $15.50 per unit
14    Sale    190 units @ $19.00 per unit
27    Purchase    70 units @ $16.00 per unit
29    Sale    30 units @ $19.50 per unit

Solution
AVCO Periodic
Units Available for Sale    = 60 + 140 + 70    = 270
Units Sold    = 190 + 30    = 220
Units in Ending Inventory    = 270 − 220    = 50
              
Weighted Average Unit Cost    Units    Unit Cost    Total
Mar 1 Inventory    60    $15.00    $900
Mar 5 Purchase    140    $15.50    $2,170
27 Purchase    70    $16.00    $1,120
    270    * $15.52    $4,190
* $4,190 ÷ 270              
              
Cost of Goods Sold    220    $15.52    $3,414
Ending Inventory    50    $15.52    $776
AVCO Perpetual
Date    Purchases    Sales    Balance
Units    Unit Cost    Total    Units    Unit Cost    Total    Units    Unit Cost    Total
Mar 1                                  60    $15.00    $900
5    140    $15.50    $2,170                   60    $15.00    $900
                                  140    $15.50    $2,170
                                  200    $15.35    $3,070
14                   190    $15.35    $2,916    10    $15.35    $154
27    70    $16.00    $1,190                   10    $15.35    $154
                                  70    $16.00    $1,120
                                  80    $15.92    $1,274
29                   30    $15.92    $478    50    $15.92    $796
31                                  50    $15.92    $796

16

(3 replies, posted in Announcements)

Hi Dear,

We are using FA in 4 different Clients( 2 of them are small manufacturing companies and other 2 are resellers), as it is Free And Open source so you can enhance its functionality smile

Regards.
PhpDV

That's chart of Account is not completed too smile. However if you need that, please send my in excel

Quantity purchased amount is depend upon your accounting setup which you have set while opening inventory item code, please check your accounting at the time of GRN (most probably your purchase amount goes into current asset(inventory/stock), you may be need to make stock adjustment for showing true margin/profits for your business.

Regards,
PHPDV

PM/email if any further help required. smile

Dear Atpaust,

I am working on your COA provided at start of this thread,and excel file, i found both COA does not as per Financial reporting slandered and very unstructured.

The COA should have five main categories (i.e Level1), and then sub categories(i.e Level2) and if you dont want to go further, then finally last level (i.e level3), here is example for your clarity.

01- Assets---Level1

0101) Fixed asset-- Level2
0101001) Building-- Level3
..
.
0101005) vehicles-- Level3

0103) Current Asset-- Level2
0103001) stock-- Level3
0103002) trade debt/receivable-- Level3

02) Liability --Level1
03) Equity/Capital--Level1
04) Expenses/Cost--Level1
05) Income/Revenue-Level1

I am professional accountant so i know the importance of COA in financial accounting system, your all system depended upon COA. I suggest please discussed this with your accountant and spend some more time on this, when you are ready, just send me excel file(preferably with translation).

Regards,
salman sarwar

21

(21 replies, posted in Announcements)

HI Joe, thanks for updating this. but we are expecting 2.4 smile can you please share when we see the great effort of FA team inform of 2.4 version.?

Dear All,

I am working on it, Will be share in coming week.

Thanks.

Hi dear, please share your chart of account , i will send you sql file smile

24

(2 replies, posted in Reporting)

i am stuck with this problem, is anyone here for help?

Hi,

I am facing little problem in customer Balance report, the Total and Grand Total shows same result. logically the Total is sum of all transaction which fall in reporting period(current transaction), and Grand total is sum of Opening Balance+ Total.

kindly see the issue and fix it.

Thanks