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

Submitted by Anonymous (not verified) on Tue, 11/01/2011 - 02:05

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.

Does ledgersmb support SSL connection ?

Submitted by Chris Travers on Thu, 04/03/2008 - 20:01

Q: How could I set it up ledgersmb to support SSL connection?

SSL support on Apache is handled by configuring Apache. For having LedgerSMB connect to PostgreSQL using SSL, you can set the PGSSLMODE environment variable to 'require' in the ledgersmb.conf. Note that by default, LedgerSMB will try to connect to PostgreSQL via SSL and fall back to unsecured connections if this is not available.

We highly recommend using SSL for any access to LedgerSMB over the network.

How do I account for Depreciation in LedgerSMB?

Submitted by Chris Travers on Wed, 04/25/2007 - 05:24

This content is outdated and kept here for reference only!

NOTE: LedgerSMB has a Fixed assets module as of 1.3. The FAQ below is out-dated.

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:

I'm not an accountant, how do I learn how to keep my books?

Submitted by Anonymous (not verified) on Sun, 04/22/2007 - 05:13

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.

1.1.12 released

Submitted by Chris Travers on Mon, 03/19/2007 - 22:30

This release fixes two serious bugs in 1.1.11:
1) Unable to generate sales orders from timecards
2) Installation overwriting user authentication data.

It is the preferred upgrade over 1.1.10.

Best Wishes,
Chris Travers