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Is there a way to attach an online store to LedgerSMB without too much pain?

Depends what your online store produces.
We're currently ( 1st Nov 2011) working on creating web service API's but freelock (a frequent visitor of the IRC channel) is already doing it. He doesn't mind sharing his code.

Web service API's discussion is ongoing on the development mailing list. Join and contribute

Can VAT be automatically be split off into the required VAT accounts?

Short answer: Yes

LedgerSMB can tie product sales to a tax class so that VAT can automatically be split off into the required VAT accounts on a sale, and when cancelling an invoice, automatically perform the reverse bookings.

Each product can be 'attached' to an account and the associated % will be applied automatically.

1.3.3 released

Hi all;

LedgerSMB 1.3.3 has been released. It corrects a number of important
bugs. Users of 1.3.x are likely to benefit considerably from moving
to this new version. The most important fix is for internal server
errors when the most recent Math::BigFloat and Math::BigInt libraries
are used with LedgerSMB. Other fixes address changing countries for
employees, a few user interface glitches, and some localization fixes.

LedgerSMB 1.3.2 released

Hi all;

The LedgerSMB core team is proud to announce the release of 1.3.2. This release corrects a number of UI glitches, a fix to our translation templates, a few fixes to the test cases, and more. It is recommended that all users of 1.3.x upgrade to this version as soon as possible.

The complete changelog is:

Changelog for 1.3 Series
Initial Release: Monday, Oct 12 2011
Supported Presently

Why can't I use XeLaTeX instead of pdflatex on Fedora or RHEL 6?

When trying to use XeLaTeX, you may get a message like:

1.3.1 released

LedgerSMB 1.3.1 has been released. Fixes include changes to allow multi-language printing of invoices and several fixes to time cards and proiect reports.

The complete changelog is as follows:

Features

LedgerSMB is an open source ERP program which offers businesses the ability to manage their operations, track invoices and their payments, inventory, and more. Benefits of using LedgerSMB include:

LedgerSMB 1.3.0 Released

The LedgerSMB development team is very proud to release LedgerSMB
1.3.0. This release continues our strong commitment to security, data
integrity, and and robustness, introducing improved functionality in
many core areas, and adding new features that many businesses will
find necessary.

LedgerSMB 1.3.0 RC4

The LedgerSMB development team is pleased to announce the release of
RC4 of the upcoming 1.3.0 release. This corrects a few minor workflow
issues due to the change in requiring invoices to be saved or posted
before printing them, a couple of installation bugs, and a few other
minor issues. It also corrects a significant issue with the AR
outstanding report, which also affected the AP outstanding report in
some cases.

LedgerSMB 1.3.0 RC3 released

Hi;

We are pleased to announce LedgerSMB 1.3.0 RC3. This release corrects
the following issues:
1) No email button on sales/purchase order screen
2) Net book value report for fixed assets including non-approved
depreciation reports
3) Many database setup bugs
4) Removed stale dependency on Time::HiRes
5) One can now delete unapproved cash reconciliation reports
6) There is now a select all button for cash reconciliation
7) Batch payment now has a select all checkbox.

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