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frappe / erpnext

Free and Open Source Enterprise Resource Planning (ERP)
https://erpnext.com
GNU General Public License v3.0
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Income and Expense Ledger mapping for Item Groups and Item #39355

Open Prajoshv opened 9 months ago

Prajoshv commented 9 months ago

As you are aware, sometimes companies book income and expenses from different item groups or items in different ledgers based on their reporting requirements. In ERPNext, we have only one global mapping for income(Sales) and expense(Cost of Goods Sold), and consequently, user has to manually change income and expense ledger while doing transactions, which in fact leads to control lapses. This issue can be overcome by bringing income and expense mapping options at item group level and item level as a non mandatory process. In this case, during transaction, for accounting purpose, mapping at item level should be given preference followed by item group mapping and global mapping. Current option of changing ledgers during transactions should be controlled on the basis of configuration to define whether changing of ledgers should be allowed or not. This process will bring in flexibility in management reporting with proper control of competent persons. Moreover, budgetary controls can be effectively implemented. Currently, budgeting can be circumvented by changing ledgers. It can be effectively utilized in case of material issue, especially when materials are issued for consumption in projects.

mujeerhashmi commented 8 months ago

This feature already exists.

Prajoshv commented 8 months ago

Thank you for your prompt response. Could you please share a screenshot in this regard?

Sent from Yahoo Mail on Android

On Sun, 28 Jan 2024 at 7:04 am, Syed Mujeer @.***> wrote:

This feature already exists.

— Reply to this email directly, view it on GitHub, or unsubscribe. You are receiving this because you authored the thread.Message ID: @.***>

mujeerhashmi commented 8 months ago

image

I think it is for you to cross check. However I have attached the documentation and have used this feature in my implementations.

Prajoshv commented 8 months ago

Thank you very much for your support. I found it.

Thanks&Regards,

Prajosh Venkulath

On Saturday, 27 January, 2024 at 09:33:33 pm GMT-8, Syed Mujeer Hashmi ***@***.***> wrote:

56BB9DD0-4D12-4E2B-A54B-6BF15C8051C3.jpeg (view on web)

I think it is for you to cross check. However I have attached the documentation and have used this feature in my implementations.

— Reply to this email directly, view it on GitHub, or unsubscribe. You are receiving this because you authored the thread.Message ID: @.***>