[ILUG] Accounting packages

[Michael Kennedy]

Thanks, Colin.

> It's either cash or accrual per "schema".  An accounting schema in
> Adempiere is basically all the rules, chart of accounts and default
> accounts.
> http://www.adempiere.com/ManPageW_AccountingSchema
> The commitment option is also a per schema option and it is applicable
> to any combination of sales and purchases but the Cash/Accrual option is
> an accrual on or off option per schema.

OK. It sounds like that would not suit "us", but I'm not an Accountant, 
and cannot make that final call.

> But the great thing about open source is the code is there to be
> enhanced! ;)

Yep...

Obviously, all the main VAT mechanisms are in there (Accrual, Cash...), 
and it would mean that both mechanisms would be active in the same 
schema - Accrual for Purchases, and Cash for Sales. Maybe a small task 
for someone familiar with the internals?

> The question is, is this option common to many countries
> so that it could be an option in the default application or is it a
> local requirement.  A key concept in the adempiere design is to allow
> small functional changes to be injected into the core application and
> there are a number of localisations projects that use this functionality
> to create country specific implementations.

I have no clue on which countries allow the Cash option on Sales, or on 
Purchases, and on any minor variations in the mechanism. Perhaps this 
type of info might be discussed in the Adempiere forums, or might be on 
some "to-do" lists for the product?

   - Mike


> On 19/10/11 15:03, Michael Kennedy wrote:
>> Colin,
>>
>>> In Adempiere, the choice of Accrual or Cash (and or Commitment) is made
>>> of the Accounting Schema and you can define multiple Accounting Schema
>>> that operate in parallel so, in theory, you could use both in
>>> Adempiere :)
>>
>> The option might be very relevant in Ireland:
>>
>>    - In some jurisdictions (maybe UK?), both ledgers (purchases and
>> sales) have to use the Accrual scheme, or both ledgers must use the Cash
>> scheme.
>>
>>    - In Ireland (AFAIK), Purchases are always Accrual, and Sales are
>> usually Accrual, but can be "Cash" for some small or retail organisations.
>>
>> Maybe Adempiere supports the scheme option "per ledger"?
>>
>>    - Mike