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date: Tue, 05 Feb 2008 18:17:58 +0000,
group: uk.business.accountancy
back
Accounting for Refunds
Can anyone recommend a computer accounting system that can handle refunds
both in a Sales Ledger and a Purchase Ledger?
date: Tue, 05 Feb 2008 18:17:58 +0000
author: Alan Secker
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Re: Accounting for Refunds
On 5 Feb, 18:17, Alan Secker wrote:
> Can anyone recommend a computer accounting system that can handle refunds
> both in a Sales Ledger and a Purchase Ledger?
What's wrong with QuickBooks and Sage?
date: Tue, 5 Feb 2008 13:44:40 -0800 (PST)
author: PeterSaxton
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Re: Accounting for Refunds
PeterSaxton wrote:
> On 5 Feb, 18:17, Alan Secker wrote:
>> Can anyone recommend a computer accounting system that can handle refunds
>> both in a Sales Ledger and a Purchase Ledger?
>
> What's wrong with QuickBooks and Sage?
Which versions of Sage had you in mind?
Quickbooks from my limited experience would be unsuited to the project that
I have in mind.
date: Tue, 05 Feb 2008 23:46:21 +0000
author: Alan Secker
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Re: Accounting for Refunds
On 5 Feb, 23:46, Alan Secker wrote:
> PeterSaxton wrote:
> > On 5 Feb, 18:17, Alan Secker wrote:
> >> Can anyone recommend a computer accounting system that can handle refunds
> >> both in a Sales Ledger and a Purchase Ledger?
>
> > What's wrong with QuickBooks and Sage?
>
> Which versions of Sage had you in mind?
> Quickbooks from my limited experience would be unsuited to the project that
> I have in mind.
Sage 50. I know they have a special routine that posts unnecessary
entries in the bank account but if I had a refund, say for the
purchase ledger, I would post the money to Suspense and then post a
credit note to Suspense.
date: Wed, 6 Feb 2008 00:20:22 -0800 (PST)
author: PeterSaxton
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Re: Accounting for Refunds
PeterSaxton wrote:
> On 5 Feb, 23:46, Alan Secker wrote:
>> PeterSaxton wrote:
>> > On 5 Feb, 18:17, Alan Secker wrote:
>> >> Can anyone recommend a computer accounting system that can handle
>> >> refunds both in a Sales Ledger and a Purchase Ledger?
>>
>> > What's wrong with QuickBooks and Sage?
>>
>> Which versions of Sage had you in mind?
>> Quickbooks from my limited experience would be unsuited to the project
>> that I have in mind.
>
> Sage 50. I know they have a special routine that posts unnecessary
> entries in the bank account but if I had a refund, say for the
> purchase ledger, I would post the money to Suspense and then post a
> credit note to Suspense.
That is a laborious process for businesses that receive say rent and
deposits, deduct their commission (which is invoiced) and pay the balance
to the landlord. It simply is not practical.
Alan
date: Wed, 06 Feb 2008 09:29:48 +0000
author: Alan Secker
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Re: Accounting for Refunds
On 6 Feb, 09:29, Alan Secker wrote:
> PeterSaxton wrote:
> > On 5 Feb, 23:46, Alan Secker wrote:
> >> PeterSaxton wrote:
> >> > On 5 Feb, 18:17, Alan Secker wrote:
> >> >> Can anyone recommend a computer accounting system that can handle
> >> >> refunds both in a Sales Ledger and a Purchase Ledger?
>
> >> > What's wrong with QuickBooks and Sage?
>
> >> Which versions of Sage had you in mind?
> >> Quickbooks from my limited experience would be unsuited to the project
> >> that I have in mind.
>
> > Sage 50. I know they have a special routine that posts unnecessary
> > entries in the bank account but if I had a refund, say for the
> > purchase ledger, I would post the money to Suspense and then post a
> > credit note to Suspense.
>
> That is a laborious process for businesses that receive say rent and
> deposits, deduct their commission (which is invoiced) and pay the balance
> to the landlord. It simply is not practical.
>
> Alan
I think for the type of business you are talking about you want a
specialised accounts package.
date: Wed, 6 Feb 2008 02:05:04 -0800 (PST)
author: PeterSaxton
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Re: Accounting for Refunds
In message
,
PeterSaxton writes
>I think for the type of business you are talking about you want a
>specialised accounts package.
http://www.qubeglobal.com/q_ma.asp
--
Bryan Morris
Bryan M. Morris & Co.
Public Key http://www.pgp.uk.demon.net - 0xCC6237E9
date: Wed, 6 Feb 2008 21:36:32 +0000
author: Bryan Morris
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Re: Accounting for Refunds
On 6 Feb, 21:36, Bryan Morris wrote:
> In message
> ,
> PeterSaxton writes
>
> >I think for the type of business you are talking about you want a
> >specialised accounts package.
>
> http://www.qubeglobal.com/q_ma.asp
>
It's not cheap though, is it?
date: Wed, 6 Feb 2008 14:41:33 -0800 (PST)
author: PeterSaxton
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Re: Accounting for Refunds
In message
,
PeterSaxton writes
>On 6 Feb, 21:36, Bryan Morris wrote:
>> In message
>> ,
>> PeterSaxton writes
>>
>> >I think for the type of business you are talking about you want a
>> >specialised accounts package.
>>
>> http://www.qubeglobal.com/q_ma.asp
>>
>It's not cheap though, is it?
Nope
--
Bryan Morris
Bryan M. Morris & Co.
Public Key http://www.pgp.uk.demon.net - 0xCC6237E9
date: Wed, 6 Feb 2008 23:08:07 +0000
author: Bryan Morris
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