Submitted by Chris Travers on Wed, 11/04/2015 - 11:41
The LedgerSMB development team is happy to announce yet another new version of its open source ERP and accounting application. This release contains the following fixes and improvements:
Changelog for 1.4.18 * New feature: Create users from setup.pl with no new perms (GH 883, Chris T) * Fixed Net Book Value reporting '0' before depreciation (GH 879, ChrisT) * Fixed permissions entering assets (GH 878, ChrisT) * Removed broken handling of old datestyle settings (Chris T)
Starting 1.4.17 account hierarchies - which were part of LedgerSMB for a looong time already - will now be used for financial reporting: balance sheet and income statement. In addition to grouping accounts into the subgroups defined by the hierarchy, amounts are aggregated up the tree as well. This article demonstrates how to use this feature. Scroll all the way to the end to see what happens if you don't want to update your configuration (yet).