Hi there, I have the following account to keep track of expenses in our cafe that are goods purchased for resale:
5009 - Cafe Supplies for Resale AP_amount,IC_expense,IC_cogs Everything is normally done through AP transactions, with corresponding sales put through a separate "4001 - Cafe Sales" account that is configured as AR_amount, IC_income, and IC_sale. Do I need to have a COGS account in this case? Is it safe for me to remove the IC_cogs from the account? I have asked my accountant for advice but unfortunately they can't give me advice on how to configure SL Ledger ;( I would appreciate any assistance anyone can provide.. Regards Phil ------------------------------------------------------------------------- Using Tomcat but need to do more? Need to support web services, security? Get stuff done quickly with pre-integrated technology to make your job easier Download IBM WebSphere Application Server v.1.0.1 based on Apache Geronimo http://sel.as-us.falkag.net/sel?cmd=lnk&kid=120709&bid=263057&dat=121642 _______________________________________________ sql-ledger-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/sql-ledger-users
