On 10/30/07, Robert Fraser <[EMAIL PROTECTED]> wrote: > On 10/31/07, Chris Travers <[EMAIL PROTECTED]> wrote:
> > Ok. So one also needs to do a GL entry/adjustment against the COGS > > and the other expense account. > > Aha. Thanks for the help. Luckily these items are almost always low enough > in cost that they don't have to be depreciated. John's point is that if you just invoice yourself, the expense will go into the wrong account (COGS instead of whatever account you have for used up computer supplied). This leads to low figures in terms of gross profit margin and also low figures relating to operating expenses. Hece after you invoice yourself, you need to do a GL transaction to move the money from one expense account to the other. Hope this helps, Chris Travers > > I had noticed in the Inventory Activity report there is an Expense column - > and I wondered if there was some functionality for this that I had missed. > > Thanks again > Rob > > > > > ------------------------------------------------------------------------- > This SF.net email is sponsored by: Splunk Inc. > Still grepping through log files to find problems? Stop. > Now Search log events and configuration files using AJAX and a browser. > Download your FREE copy of Splunk now >> http://get.splunk.com/ > _______________________________________________ > Ledger-smb-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > ------------------------------------------------------------------------- This SF.net email is sponsored by: Splunk Inc. Still grepping through log files to find problems? Stop. Now Search log events and configuration files using AJAX and a browser. Download your FREE copy of Splunk now >> http://get.splunk.com/ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
