1 Topic by haymaker2k

(1 replies, posted in Banking and General Ledger)

Hi,

Could anyone tell me how to reset an opening balance to 0.   In my Debtors Control Account, it shows an opening balance of 4.99 no matter how far I go back in my history (even past the start of my records and first sale).

Thanks in advance.

Go to forum: Banking and General Ledger

2 Reply by haymaker2k

(3 replies, posted in Items and Inventory)

I am still trying to get this working, I have found a line in the code that prevents the GL_trans from being updated if the item on the invoice classed as service.  If this is right, how would a company record costs for service items?

I would like to be able to select a packaging item on an invoice at 0 cost to the customer but updates the relevant cogs account with the true cost of materials so I can keep track of this cost.  The same with shipping costs, the postage costs me but is included in the total price to the customer so has be be taken out of the income from the sale as an expense.

How do others deal with free P&P items or service items without a physical inventory?

Thanks

Go to forum: Items and Inventory

3 Topic by haymaker2k

(3 replies, posted in Items and Inventory)

Hi,

I include free shipping for orders I am receiving but there is still a cost to me for this.  I have set up an inventory item of type service, that is charged at 0 to the customer but has the purchasing pricing set to the real cost and the cogs account set to 5202 carriage.  When I process the invoice stock is updated but nothing is added the the GL account.  I must be doing something wrong but have no idea what.

Any help with setting this up would be very welcome.

Go to forum: Items and Inventory

4 Reply by haymaker2k

(2 replies, posted in Manufactoring)

Thanks, that's one way to go but I'm just old fashioned and still like the price points, also need to compete on eBay with other sellers low to high and keep a .99 option for listing purposes.

I would still like an automatic manufacturing option so if I added a 25 pack to an invoice it would just create and complete a works order without me having to manually go through each step in advance.

Go to forum: Manufactoring

5 Topic by haymaker2k

(2 replies, posted in Manufactoring)

Hi,

I am new to FA so still trying to get my head around everything it does.  I buy and sell goods the following way and would like to know the best way of setting this up in FA.

I buy goods in packs of 50 from the supplier, then split them and sell them in packs of 1, 10 ,25 or 50.  Each pack size I sell has a fixed price but it is not simply a multiple of the the unit price 1 @ .99, 10 @ 1.79, 25 @ 2.99, 50 @ 4.99. 

I understand about manufactured products and the BOM but would like to have the process automated so that, for example, I can select the 10 pack item on the invoice and have the stock reduced automatically.  Sales kits do not work as the price gets rounded when it adds 10 of the individual unit onto the invoice. (1.79 / 10 = .179 then FA round it up to .18 so the invoice shows 1.80)

thanks in advance.

Go to forum: Manufactoring