Hi I've done some work on documenting the OFBiz accounting functionality and yes it does post unreconciled transactions.
Whether you allow the system to do this is dependent on what business process you want to implement. Some businesses will do their reconciliations on posted transactions and then do any resulting reversals or adjustments, others may want to reconcile the transactions before they post. I've seen it done both of these ways. I think the question to ask is which way does your business do it now? (And do they want to keep doing it in the future?) >From what I've seen of the account reconciliation functionality in OFBiz I personally would say that it's not complete. For example it doesnt show whether its a debit or credit transaction or if the amount to be reconciled is increasing or reducing the balance in account. It also does not 'carry forward' any balance of a previous reconciliation done on an account. I like to think of account reconciliation like a bank statement that you receive each month. It has an opening balance that should be the same as the closing balance of your previous statement. It then shows each transaction as a positive or a negative with a resulting balance on each line and a final closing balance (that will be the start of your next statement). Not sure if this was the type of response you were looking for but hope it helps. Thanks Sharan snowch wrote: > > In r9.04 it is possible to post unreconciled transactions. The > transaction have to be reverted to be reconciled. Is this the desired > functionality? > -- View this message in context: http://www.nabble.com/r9.04-posting-unreconciled-transactions.-tp24714238p24731123.html Sent from the OFBiz - User mailing list archive at Nabble.com.
