Today is the first anniversery of LedgerSMB's first public release.
In the past year, we have released three major releases:
1.0.0: Major security enhancements
1.1.0 Moderate security enhancements, new features
1.2.0 Major security enhancements, new features.
Contributing to the LedgerSMB project with documentation and articles is easy. This short document will get you going in no time...
The LedgerSMB team is pleased to announce that version 1.2.6 was released on June 28th
The following issues have been corrected:
Additionally, the following preventative measures were included:
Adding support for other database management systems would require that the database logic be coded to the least common denominator. We have decided that we want to eventually allow add-ons in different languages, and thus the database becomes the only point where we can enforce accounting logic consistantly across all parts of the application. Porting and maintaining such logic across database systems is not feasible for this project.
Additionally PostgreSQL is an outstanding RDBMS and we have no desire to move from it.
The LedgerSMB team is pleased to announce the release of LedgerSMB 1.2.5 which is available from the SourceForge download page.
This release includes major bugfixes for users of 1.000,00 and 1000,00
number formats. Users with these number formats are urged to upgrade
as soon as possible.
The release also includes a number of UTF-related fixes. Users who
require umlauts, multibyte charaters, and accents should also upgrade.
This content is outdated and kept here for reference only!
LedgerSMB does not have a built-in assett tracking / depreciation feature. Depreciation can be managed manually using General Ledger Transactions. You should probably confirm this with your accountant, but the basic procedure (kindly suggested by Tony Fraser) is, assuming a computer asset over 5 years:
The LedgerSMB team is pleased to announce the release of LedgerSMB 1.2.4 which is available from the SourceForge download page.
What's changed since 1.2.3 (click 'Read More' to see all):
Quite a few users find some of the terminology and accounting processes a little confusing at first. Some of the more popular small business accounting packages tend to hide these aspects of book-keeping from users for simplicity, so with the current user interface there is often some new ideas to grasp.
First step is the manual - the LedgerSMB manual is free and highly recommended reading.
Commercial support for LedgerSMB is also available. This can be installation support, training, custom features or hosting. Currently there are several commercial support providers:
What has been fixed (since 1.2.0):
1) Backups created from the user interface were sending out blank backups.
2) Sales tax was selecting the wrong acounts for invoices and printing.
3) Data entry screens were showing incorrect amounts for sales tax.
4) Logos were not printing.
5) Data update script was not using correct password.
6) Account deletion was giving a database error
7) Some 1.2.1 users were unable to log in after upgrading
All the above items have been corrected