thank you @apmuthu for your response. but It is not really clear to me how to implement this in frontaccounting. Please can you throw more light.
Thank you
1 11/07/2022 10:45:49 pm
Re: Convert building materials to fixed asset (4 replies, posted in Fixed Assets)
2 11/02/2022 10:47:34 am
Topic: Convert building materials to fixed asset (4 replies, posted in Fixed Assets)
We have a building that was just constructed. I want to capture the building as a fixed asset.
There are two ways that I have tried to do this:
1. the first approach is to add the building as fixed asset, and capture the cost of building it as the purchase price.
The problem with this approach is that it will debit/credit the accounts twice. first as revenue/expenditure during the purchase of building materials for constructing the building.
2. the second approach is to capture only the building materials (debit/credit bank/building - under fixed assets). the problem I have notice with this approach is that although the account will balance, the building will not show up in fixed assets register, and depreciation/valuation cannot be carried out on the building.
please what is the proper way to handle this
3 10/19/2022 08:01:55 am
Re: Cannot Post to Petty Cash in Journal Entry (4 replies, posted in Banking and General Ledger)
I will continue with journal since I have already started with it.
Thank you for your support
4 10/17/2022 09:07:28 pm
Re: Cannot Post to Petty Cash in Journal Entry (4 replies, posted in Banking and General Ledger)
Thank you @kvvaradha for your prompt response.
What I have done is to create a GL account called cash, and create petty cash bank account.
This way, I am able to journal petty cash.
I dont know if this is right, or still have to use payment instead of journalling.
Thank you
5 10/16/2022 07:26:00 pm
Topic: Cannot Post to Petty Cash in Journal Entry (4 replies, posted in Banking and General Ledger)
We run a non-profit NGO. usually people make out of pocket expenses as a way of support to the organization.
The out of pocket expenses are captured as deposits to petty cash account.
However, there is no way to capture the expenses in journal entry because petty cash would not come up for debiting/crediting as the case may be.
Also, under bank accounts, petty cash does not come up for me to assign a GL account.
Please how do I handle this?
Thank you
6 02/24/2021 12:56:31 am
Re: Payroll & Human Resource Management. (216 replies, posted in Modules Add-on's)
Thank you @notrinos.
I have seen the deductions. I still have the following observations:
1. The basic salary cannot be edited from the salary structure page, as such no deduction can be applied on the basic salary.
2. the deduction is an actual amount, whereas I am looking at a percentage based deductions as people in the organization that am testing are all using personal salary structures, and not uniform.
3. the deduction does not affect people with personal salary structures, except those whose salaries are defined by the system (general salary structure)
4. when i input attendance, the system adds leave days to the employee, when i have not even defined any leave type in the system, let alone apply it to the employee.
please kindly look into these issues.
thank you
7 02/23/2021 12:25:05 pm
Re: Payroll & Human Resource Management. (216 replies, posted in Modules Add-on's)
Thank you @apmuthu for the response.
I have the updated code.
Actually i figured out where the outrageous amounts came from (exchange rate), which i have corrected.
I may be able to handle the tax and pension deductions if i know how the code flows. That is, which portion of the code handles the calculations and the final payable output.
Thank you
8 02/20/2021 12:57:48 pm
Re: Payroll & Human Resource Management. (216 replies, posted in Modules Add-on's)
another thing I have noticed is that when I run inquiry on employee transaction, the amount showing against pay slip transaction is correct, but the amount showing against payment advice and employee advance is wrong. for instance 5000.00 was deducted as employee advance, but what is showing there is a huge outrageous amount that i don't know where it came from.
Also, instead of the amount against payment advice to reflect how much the employee is paid, it shows another huge amount too
9 02/20/2021 12:06:38 pm
Re: Payroll & Human Resource Management. (216 replies, posted in Modules Add-on's)
great job done on the HRM module by @notrinos and others
I have run some tests with 2.4.9 and i have the following observations that i want addressed.
1. if an employee's total pay (both basic and other components) is 30,000.00 in a month of 8 hours per day, for instance, and the employee works for less than 8 hours, the system should calculate the workers's pay based on the number of days and the number of hours worked per day. but on checks, the hrm module still pays the worker his full monthly salary even when he did not work for full time every day.
2. there is no provision for deductions like employee tax and pension contribution
3. there is no report/enquiry on how much has been paid as salaries per worker, within a particular period of time
4. the pay slip does not show pay elements and amounts per elements, such that it can be printed and given to each employer
10 01/10/2021 08:29:10 pm
Topic: There are no unsettled transactions to allocate (2 replies, posted in Accounts Receivable)
I have issues with allocating customer payments.
When I issue an invoice and enter customer payments, I then move on to allocate customer payments.
The payment is shown with the button to allocate on the right, when I click, it will tell me that there is no unsettled transactions to allocate.
My question is, how did the invoice get settled without a payment, or what am I missing?
Thank you
11 11/01/2020 04:10:02 pm
Re: Payroll & Human Resource Management. (216 replies, posted in Modules Add-on's)
@notrinos I installed the HRM extension, but it is not saving new employee, and is not giving any errors.
please kindly advice.
Thank you