[Release] Auto Inventory Accounting

Hi,

We had released "Auto Inventory Accounting" feature for our SAAS customers yesterday.

If you are hosting on your own server, please pull the latest updates from Setup --> Update Manager, to get the feature.

We have written a basic document about the feature. Please check http://erpnext.com/auto-inventory-accounting.
Also look into https://github.com/webnotes/erpnext/wiki/Account-Inventory-Integration.

We will love to hear your valuable suggestions on this, please send your feedback on erpnext-user-forum or mail us at su...@erpnext.com.


Regards,
Nabin Hait



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Hi Nabin

I took a quick look at the documentation, and saw that some some additional account ledgers were needed.

From an chart of accounts point of view, I have a standard installation that updates that is updated via cron-tab on a nightly basis.
I was surprised to notice that the account ledgers necessary to implement this feature were already created, however the stock in hand ledger under assets is in fact a group, under which there is a ledger named Stock.

Is this correct, or should I delete / rename the stock in hand group, and generate a ledger with the same name ??

Also the Stock Adjustment cost center is not there, so I assume It is necessary to add it ??

Thanks in advance for your comments

Regards

John


On 10 April 2013 09:26, Nabin Hait <na...@iwebnotes.com> wrote:
Hi,

We had released "Auto Inventory Accounting" feature for our SAAS customers yesterday.

If you are hosting on your own server, please pull the latest updates from Setup --> Update Manager, to get the feature.

We have written a basic document about the feature. Please check http://erpnext.com/auto-inventory-accounting.
Also look into https://github.com/webnotes/erpnext/wiki/Account-Inventory-Integration.

We will love to hear your valuable suggestions on this, please send your feedback on erpnext-user-forum or mail us at su...@erpnext.com.


Regards,
Nabin Hait



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Hi John,

We have created a patch with this updates, which will create related accounts for this feature. But as "Stock In Hand" account is already exists in the system, so we did not create it. 
All these account are flexible, you can change them in company master. So, in your case, please mention existing "Stock" account in company master. 
We also created a cost center called "Auto Inventory Accounting" which should be auto set in company master, if it not set, please do it manually.


Regards,
Nabin Hait

On 10-Apr-2013, at 6:58 PM, John Roberts wrote:

Hi Nabin

I took a quick look at the documentation, and saw that some some additional account ledgers were needed.

From an chart of accounts point of view, I have a standard installation that updates that is updated via cron-tab on a nightly basis.
I was surprised to notice that the account ledgers necessary to implement this feature were already created, however the stock in hand ledger under assets is in fact a group, under which there is a ledger named Stock.

Is this correct, or should I delete / rename the stock in hand group, and generate a ledger with the same name ??

Also the Stock Adjustment cost center is not there, so I assume It is necessary to add it ??

Thanks in advance for your comments

Regards

John


On 10 April 2013 09:26, Nabin Hait <na...@iwebnotes.com> wrote:
Hi,

We had released "Auto Inventory Accounting" feature for our SAAS customers yesterday.

If you are hosting on your own server, please pull the latest updates from Setup --> Update Manager, to get the feature.

We have written a basic document about the feature. Please check http://erpnext.com/auto-inventory-accounting.
Also look into https://github.com/webnotes/erpnext/wiki/Account-Inventory-Integration.

We will love to hear your valuable suggestions on this, please send your feedback on erpnext-user-forum or mail us at su...@erpnext.com.


Regards,
Nabin Hait




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