[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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