Hi Jim,
first of all, thanks for your interest in the OFBiz accounting GL component.
Before I answer to (some of) your questions I'd like to clarify that the
OFBiz accounting component is under active development right now...
things are changing/evolving very very quickly and many of the GL
features are still not stable enough, or are incomplete/missing, for a
production server.
However the community is working hard on it right now, and even if this
is an unsponsored effort and so there is not an established completion
date, several business analysts and developers are actively
participating at it.
From what I see, if things go on as they are going now, I'd say that by
the end of the year the GL component could be in a very good shape.
Now, please, see my comments inline:
Jim Barrows wrote:
I"m using trunk, updated yesterday.
I'm also trying to get some entries into the accounting system so I
can work the Income and Balance sheets.
So I login as admin, and go to
Accounting->GeneralLedger->Accounting(for the company
entry)->AccountingTransactions->QuickCreateAnAccountingTransaction
I decide the the owner (I've set up a new party, with the owner and
person roles), is going to capitalize the business.
Now I have several questions:
1) I can't find any documentation on what some of the values are in
the transaction type drop down. I know that several of my potential
clients prefer to lend money to their business,
rather then dump money into stock/Owners Equity. Would that be Credit
LIne, or is credit line extending a credit line to a customer? Is
this an internal transaction? Are these values important? Can I add
my own?
I'll leave to others, much more expert than me on GL, to answer this
question.
2) The GL account ID lists don't have all the gl account ids... why?
If I manually add them to the company list, do I break anything?
You have to associate the GL Accounts that your company will use; you
can use this screen to accomplish this task: General Ledger>Setup>Chart
Of Accounts
3) Where is a good resource to find out about how various provided
values are being used? What they mean? etc etc
You may find useful the references to the books/resources that are
inspiring this effort in the following page:
http://docs.ofbiz.org/x/sgw
Now I go back at the development of the GL features :-)
Cheers,
Jacopo