[ILUG] Accounting packages
Michael Kennedy
Info at KennedySoftware.ie
Wed Oct 19 15:03:48 IST 2011
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
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