At 09:49 AM 9/16/2002, you wrote:
>I'm working on setting up SQL-Ledger 1.8.7 in the UK, running on
>PostgreSQL 7.2.2 on Solaris 8.
>
>It all seems to be installed and running ok, but I've now run into the
>dilemma of how to setup the chart of accounts, templates, etc.
>
>How have other people tackled the COA for the UK, particularly for UK VAT?
>
>Does anyone have a UK chart that they would be willing to share, as I'd
>rather not reinvent the wheel if there are perfectly good ones already
>out there?
>
>Are there any UK specific gotchas I should watch out for?
Those that have don't share,
Those that need it and don't have it, need it immediately,
there is a problem of collecting people simultaneously,
Those that don't have it, leave their etchings on the wall
just like your post, for those who came later, and
Then they invent something, and
Then they don't share it and it ain't usable anyway because
its lacking a suitable core component and its specializations
reflect only their own needs,
I'd recommend you look at the IAS taxonomy for XBRL.
Without adopting XBRL itself, the taxonomies are great,
as one component of a chart of accounts --that is, the
classification scheme for financial reporting --the
financial reporting dimension of a multidimensional
approach.
Charts usually combine several dimensions such as
organizational unit, product segment, etc.and often
reflect that in segmented account codes. That's fine.
Of course such specializations would be of no
interest to other companies except maybe your competitors.
Your tax dimension is a separate set of requirements both
for objects, and for storage and its impact on the chart
of accounts per se, is I believe minimal.
Standardization of sematics and objects surrounding
the tax dimension is well underway in a number of
standards bodies and charts of accounts are not
related to that problem,
Todd
>Thanks,
>
>Paul.
>
>--
>Paul J Murphy <[EMAIL PROTECTED]>
>Edinburgh, Scotland, UK
>
>
>
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