Against all principles ! Thanks
Hi @Jp89 Referring to the original requirement by @ASarkisian35 - “A conversion was completed from another software product. For some reason after validating the entire “ . This adjustment to the retained earning is just an initial load of the Trail Balance from another system. https://community.acumatica.com/members/chandrasekharm-147The original system obviously did not balance properly if a single sided adjustment is required to the Retained Earnings. (Assuming all the balances agrees to the old system, which may / may not balance properly). An initial load should mean Debits = Credits and sum to ZERO, but if the Retained Earnings needs an adjustment, then so does another account (either Balance Sheet, or Income statement - prior period or at date of Data Load!
Retained Earnings is actually not a Liability account - but an Equity account (Owners Equity). A = O + L and for this reason you should not be able to POST to such an account (it is the Net of the Income Statement) that causes the "Balance Sheet" to Balance for the "Trial Balance" (as a test for balancing) to actually Balance. Therefore I again strongly re-iterate that NO one-sided posting should ever be allowed if the system is to maintain good control over accounting records.
System allows duplicate barcode entries as alternates to Inventory IDs Cannot segregate access for users creating invoices and those that should do Credit memos Open Item Statement does not reflect transactions for the month that occurred. If you setup VAT Exclusive for processing Invoices - it comes out wrong on the Daily Sales report When Inventory is sold an Inventory Issue is created… Dr COGS, Cr Inventory, but you cannot match this back to invoice that was raised for the original sale. Kit Disassembly - you cannot allocate costs (Imaging e.g. in the Beef Industry where you don't assemble first - you disassemble first. You cannot have approvals for the Opening of a Supplier or Customer Account Credit Card processing does not work in Africa Cannot simply take stock using a hand held (scan barcode and enter quantities) When you do a Return for Credit - it shows up on the Inventory "Issues" - when it should appear of "Inventory Receipts" OFX file import does not work properly because
@gmercede - Thanks very mcuh3 - Show me an Open Statement where the last 3 payments made in the last month is reflected and how those payments had been allocated to invoices?5 - Customer in question does not want to use SO and Shipment and do Invoicing directly.7 - good point - thanks (should be standard feature though) - actually the approval record is required - as is done for documents.9 - I think you have to purchase the full warehouse module - while a straight forward shop needs to be able to do stock counts unlike analog to print sheets and then recapture those results
Yes this is true….. @gmercede so how does Acumatica then handle e.g. Stock ID 1234 with bar Code ABC, and then Stock ID 4321 with Bar Code ABC… Acumatica will have a hard time identifying the correct inventory to use when the barcode is scanned.
@danamoffat89 I'm glad to see that I not the only one requesting this, also as listed in my list of complaints.
@danamoffat89 - also no reply to this question - The add-on that we found was too expensive for our customer, and this should perhaps be included in standard Acumatica.
Yes it should be the default action. But when you import your vendors you can set it to Reject - with the initial implementation. The problem also with it not being set to Reject as the default is that if Users forget to correct this then it defaults to what is usually a breach of company policy when managing receipt of items… so fully agree that the default should be set to Reject.@Dana Moffat
Very good questions, I dont have an answer, sorry.
@vkumar Thanks - I did that - but the list does not delete the items from the Send Reports screen, and I need to clean up the list on the Send Reports screen…. do I have to do this be deleting the items in the database?
@Dana Moffat Thanks very much for the DB table name. This should resolve the issue. Although it would be cleaner if the application allows that items on the screen can be managed with edit and delete functions added. Matter of design.
Hi, The setting for price retention, both on AR and AP setup, is related to the Sales Price worksheet. When you set it to anything other than "Fixed Number of Months" 0, Acumatica will remove the Vendor/Sales Price when releasing a new pricing worksheet. I hope this help! Not helpful at all!
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