Joe, Do You mean that i have to create one account expenses to clearing my year profit? Oh, this is will look terrible in my "profit and loss statement". Suppose there is one account to handle "accumulated profit" as equity in FA, there would be easy to reverse the voucher to Retained Earning Clearing Account.
2 01/07/2008 04:03:39 pm
Re: Retained earning (7 replies, posted in Banking and General Ledger)
Thanks joe, btw. if I want to close and post my calculated earning for new year accounting. What will i have todo in FA.
3 01/07/2008 02:37:49 pm
Topic: Retained earning (7 replies, posted in Banking and General Ledger)
Hello, i setup "Retained Earning Clearing Account" at setup menu. But until now i don't know when it used.
5 12/04/2007 01:24:45 pm
Topic: GL Transaction (2 replies, posted in Reporting)
Hello,
When i list my GL transaction for some period of time, i very confused. There is no memo, or remark that i wrote before in memo field (journal transaction).
Any sugest?
6 10/07/2007 11:04:12 am
Re: COGS method (4 replies, posted in Items and Inventory)
I have been used some accounting program like Peachtree, MYOB, Ms Accounting etc just to satisfy my desired about this COGS 'mystery'
None of them get the right answer when i get some tricky task, there always not balanced in inventory account.
Personally i love this project. I migrate my old software accounting 'WebERP' to Front Accounting right now.
Front Accounting is user friendly. Easy to understand, Easy to use. Have a great report too.
I Have a PHP skill, probably i will collaborate to this project. But i dont know what i have to do
OK, First i will translate the language. I am Indonesian, i will make an Indonesian version for Front Accounting Project.
Please give me a guidance.
Thanks for your responses.
7 10/02/2007 03:29:49 pm
Topic: COGS method (4 replies, posted in Items and Inventory)
I want to know what is the FA use to get COGS, FIFO LIFO or Average Cost
Thanks for advance