Search options (Page 12 of 15)

I accept payments basically 3 ways

1) Credit Card
2) Paypal
3) Good old cash/check

#1 and #2 have expenses associated with them

#1 I get billed monthly and can add a misc expense

#2 gets fees with each transaction

So while I want to allocate 100% of the payment to the customer, I also want to enter a 'Bank Charges' item for the fees.

Would it make sense to add a field for this in sales/customer_payments.php ?

A lot of people do use paypal or other payment services.

#3 of course is no problem.

tom

When I receive an Invoice I typically have a shipping charge.

How should that be entered?

I do see a way to add a GL Entry to go with the invoice, but with shipping
charges (Inward Freight) being relatively common I figured there should
(could) be a field on the Invoice entry form (purchasing/supplier_invoice.php)

tom

I am not an accountant, but a programmer.

Can someone explain in FA terms how to set up my opening values?

1) Stock Level

Looks like Item Adjustment is the right place to add initial stock.
If I have correct Unit Cost will that also take care of and required GL entries,
such as Cost of Goods sold?
(So I can avoid any Journal Entries)

2) Supplier Balances

I would say Journal Entry (since that seems to be the catch-all answer) but
I do not see how to associate that entry with a specific supplier.

3) Bank accounts

Again Journal entry (ditto) but how to say which account?
I have a bank account and a paypal account

4) Customer Balances/Credits

I don't need them, I ship on paid items only, but if we answer this the thread
may become worthy of being Sticky...

5) Did I leave anything important out?

tom

I am starting to get the hang of basic accounting (LOL) and I am not sure if I ill need to use dimensions.

If I add them later will I have to start from scratch or will I be able to add them later without much trouble?

I realize that any prior transactions will not have the dimension associated with them.

aka

/inventory/inquiry/stock_status.php

It lists:

Location     Quantity On Hand     Re-Order Level     Demand     Available     On Order

My question is about the "On Order" field:

When the item is a Manufactured item, should the code check Work Orders to see how many are scheduled to be made?
It might be more useful than just displaying 0, because then you will see Demand (from Orders) and Orders (from Work Orders)

If this is logical I could look at doing it...

tom