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Posted to user@ofbiz.apache.org by David Zelaya Herrera <da...@gmail.com> on 2006/11/27 16:38:17 UTC
Purchasing Fixed Assets
Hi Everybody,
I try to make different kinds of purchase orders (of raw material, services
and fixed assets) and I have a problem when I make a fixed assets purchase
order. The system shows this error:
ERROR: No se pudo crear la orden (problema invocando al servicio: Service
target threw an unexpected exception (null))
The way that I made this was:
- create new product (fixed asset type)
- create new fixed asset
- link new product to fixed asset
- create order
What is the way to make this kind of purchase orders?. Did I do something
wrong? with the other kinds of purchase order I dont have any problem.
About purchasing fixed assets I find this:
http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
Anybody now if this work was done? If not, maybe I can help with something.
:-)
--
Best Regards,
David Zelaya Herrera
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
A "service" is really a type of Product in OFBiz. I guess for the
most part when you have a service product you would just receive it
as an expensed item, or that would generally be the OrderItemType.
Whether the purchase of a service product result in creation of a
WorkEffort is a separate issue, and would happen for a service type
product regardless of the OrderItemType. I should qualify that would
be for sales orders. For purchase orders there would be some way of
receiving it, but the point is that when it's received the
OrderItemType would determine what should be done with it, and for
services the question for purchasing is more about how notification
of completion of services is done rather than how to account for them
or manage them after receipt, as is the case for goods.
-David
On Dec 8, 2006, at 11:35 AM, Si Chen wrote:
> Yes, you're right fixed asset vs. inventory vs. supplies vs.
> service. I think there should be separate options for each of
> these right? Create fixed asset vs. receive inventory vs. create
> work effort vs. expense supplies directly?
>
> On Dec 8, 2006, at 10:19 AM, David E Jones wrote:
>
>>
>> Do you mean Fixed Asset versus Inventory versus Supplies versus
>> Service? I still don't see what fixed asset, product, and service
>> have to do with each other...
>>
>> -David
>>
>>
>> On Dec 8, 2006, at 10:45 AM, Si Chen wrote:
>>
>>> Ok, I agree with what you're saying. I guess it doesn't matter
>>> as much what happens when the order is created, but so long as
>>> after the order is created, a different step is possible for
>>> fixed asset vs. product vs. service.
>>>
>>> On Dec 7, 2006, at 11:14 AM, David E Jones wrote:
>>>
>>>>
>>>> On Dec 7, 2006, at 11:33 AM, Si Chen wrote:
>>>>
>>>>> David,
>>>>>
>>>>> So what do you think would be the best approach for creating a
>>>>> fixed asset after a PO is approved? Should there be a link to
>>>>> receive the fixed asset, as opposed to receive inventory, which
>>>>> causes the fixed asset to be created?
>>>>
>>>> This is usually known when an order is created, hence the
>>>> different OrderItemTypes to denote this. When an order is
>>>> received (or the shipment for an order, rather) we can look at
>>>> those and see what the product purchase was intended for, ie
>>>> inventory, supplies (expensed), or fixed asset.
>>>>
>>>> We could create a UI that allows manually overriding that when
>>>> the order is received, but even that would start with the
>>>> original intention denoted by the orderItemTypeId.
>>>>
>>>> -David
>>>>
>>>>
>>>>> On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
>>>>>> David,
>>>>>>
>>>>>> I just read David's post http://lists.ofbiz.org/pipermail/dev/
>>>>>> 2006-May/011004.html and your posting and I think I would
>>>>>> suggest something a little different. The different
>>>>>> OrderItemTypes for product vs fixed asset vs service is a good
>>>>>> idea, but it should not be presented to the user. Rather, it
>>>>>> should be possible to set up a Product as a "Fixed Asset",
>>>>>> "Finished Good", and "Service", and the storeOrder service
>>>>>> should figure out correct OrderItemType for it. During order
>>>>>> creation (shopping cart) any order item is like any other
>>>>>> order item, but then when the order is created the different
>>>>>> types are stored.
>>>>>>
>>>>>
>>>>> Why the groups "Fixed Asset", "Finished Good", and "Service"?
>>>>> What would those mean? I guess I'm confused because it seems
>>>>> like an arbitrary selection of ProductTypes and other general
>>>>> stuff. A FixedAsset is (or can be) an instance of a Product,
>>>>> which can have a type of "Finished Good", for example.
>>>>>
>>>>>
>>>>>> Then, when the order is created, depending on the different
>>>>>> types of order items, you can 1) receive inventory or ship
>>>>>> inventory (physical products) 2) automatically fulfill for
>>>>>> digital products--already implemented, you can start your own
>>>>>> iTunes with ofbiz 3) commission a fixed asset item if it's a
>>>>>> fixed asset order item and 4) create a workeffort if it's a
>>>>>> service item
>>>>>>
>>>>>
>>>>> Here again this is kind of a funny mix of things, and I'm not
>>>>> sure what sort of process you have in mind. There are generally
>>>>> different processes for different things, and these can of
>>>>> course vary by the company. Purchases and sales are obviously
>>>>> different too. For service sales you could trigger creation of
>>>>> a WorkEffort, but for many companies that plan and quote before
>>>>> they sell the WorkEffort would already exist, for example.
>>>>>
>>>>> -David
>>>>>
>>>>> Best Regards,
>>>>>
>>>>> Si
>>>>> sichen@opensourcestrategies.com
>>>>>
>>>>>
>>>>>
>>>
>>> Best Regards,
>>>
>>> Si
>>> sichen@opensourcestrategies.com
>>>
>>>
>>>
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
Yes, you're right fixed asset vs. inventory vs. supplies vs.
service. I think there should be separate options for each of these
right? Create fixed asset vs. receive inventory vs. create work
effort vs. expense supplies directly?
On Dec 8, 2006, at 10:19 AM, David E Jones wrote:
>
> Do you mean Fixed Asset versus Inventory versus Supplies versus
> Service? I still don't see what fixed asset, product, and service
> have to do with each other...
>
> -David
>
>
> On Dec 8, 2006, at 10:45 AM, Si Chen wrote:
>
>> Ok, I agree with what you're saying. I guess it doesn't matter as
>> much what happens when the order is created, but so long as after
>> the order is created, a different step is possible for fixed asset
>> vs. product vs. service.
>>
>> On Dec 7, 2006, at 11:14 AM, David E Jones wrote:
>>
>>>
>>> On Dec 7, 2006, at 11:33 AM, Si Chen wrote:
>>>
>>>> David,
>>>>
>>>> So what do you think would be the best approach for creating a
>>>> fixed asset after a PO is approved? Should there be a link to
>>>> receive the fixed asset, as opposed to receive inventory, which
>>>> causes the fixed asset to be created?
>>>
>>> This is usually known when an order is created, hence the
>>> different OrderItemTypes to denote this. When an order is
>>> received (or the shipment for an order, rather) we can look at
>>> those and see what the product purchase was intended for, ie
>>> inventory, supplies (expensed), or fixed asset.
>>>
>>> We could create a UI that allows manually overriding that when
>>> the order is received, but even that would start with the
>>> original intention denoted by the orderItemTypeId.
>>>
>>> -David
>>>
>>>
>>>> On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
>>>>> David,
>>>>>
>>>>> I just read David's post http://lists.ofbiz.org/pipermail/dev/
>>>>> 2006-May/011004.html and your posting and I think I would
>>>>> suggest something a little different. The different
>>>>> OrderItemTypes for product vs fixed asset vs service is a good
>>>>> idea, but it should not be presented to the user. Rather, it
>>>>> should be possible to set up a Product as a "Fixed Asset",
>>>>> "Finished Good", and "Service", and the storeOrder service
>>>>> should figure out correct OrderItemType for it. During order
>>>>> creation (shopping cart) any order item is like any other order
>>>>> item, but then when the order is created the different types
>>>>> are stored.
>>>>>
>>>>
>>>> Why the groups "Fixed Asset", "Finished Good", and "Service"?
>>>> What would those mean? I guess I'm confused because it seems
>>>> like an arbitrary selection of ProductTypes and other general
>>>> stuff. A FixedAsset is (or can be) an instance of a Product,
>>>> which can have a type of "Finished Good", for example.
>>>>
>>>>
>>>>> Then, when the order is created, depending on the different
>>>>> types of order items, you can 1) receive inventory or ship
>>>>> inventory (physical products) 2) automatically fulfill for
>>>>> digital products--already implemented, you can start your own
>>>>> iTunes with ofbiz 3) commission a fixed asset item if it's a
>>>>> fixed asset order item and 4) create a workeffort if it's a
>>>>> service item
>>>>>
>>>>
>>>> Here again this is kind of a funny mix of things, and I'm not
>>>> sure what sort of process you have in mind. There are generally
>>>> different processes for different things, and these can of
>>>> course vary by the company. Purchases and sales are obviously
>>>> different too. For service sales you could trigger creation of a
>>>> WorkEffort, but for many companies that plan and quote before
>>>> they sell the WorkEffort would already exist, for example.
>>>>
>>>> -David
>>>>
>>>> Best Regards,
>>>>
>>>> Si
>>>> sichen@opensourcestrategies.com
>>>>
>>>>
>>>>
>>
>> Best Regards,
>>
>> Si
>> sichen@opensourcestrategies.com
>>
>>
>>
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
Do you mean Fixed Asset versus Inventory versus Supplies versus
Service? I still don't see what fixed asset, product, and service
have to do with each other...
-David
On Dec 8, 2006, at 10:45 AM, Si Chen wrote:
> Ok, I agree with what you're saying. I guess it doesn't matter as
> much what happens when the order is created, but so long as after
> the order is created, a different step is possible for fixed asset
> vs. product vs. service.
>
> On Dec 7, 2006, at 11:14 AM, David E Jones wrote:
>
>>
>> On Dec 7, 2006, at 11:33 AM, Si Chen wrote:
>>
>>> David,
>>>
>>> So what do you think would be the best approach for creating a
>>> fixed asset after a PO is approved? Should there be a link to
>>> receive the fixed asset, as opposed to receive inventory, which
>>> causes the fixed asset to be created?
>>
>> This is usually known when an order is created, hence the
>> different OrderItemTypes to denote this. When an order is received
>> (or the shipment for an order, rather) we can look at those and
>> see what the product purchase was intended for, ie inventory,
>> supplies (expensed), or fixed asset.
>>
>> We could create a UI that allows manually overriding that when the
>> order is received, but even that would start with the original
>> intention denoted by the orderItemTypeId.
>>
>> -David
>>
>>
>>> On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
>>>> David,
>>>>
>>>> I just read David's post http://lists.ofbiz.org/pipermail/dev/
>>>> 2006-May/011004.html and your posting and I think I would
>>>> suggest something a little different. The different
>>>> OrderItemTypes for product vs fixed asset vs service is a good
>>>> idea, but it should not be presented to the user. Rather, it
>>>> should be possible to set up a Product as a "Fixed Asset",
>>>> "Finished Good", and "Service", and the storeOrder service
>>>> should figure out correct OrderItemType for it. During order
>>>> creation (shopping cart) any order item is like any other order
>>>> item, but then when the order is created the different types are
>>>> stored.
>>>>
>>>
>>> Why the groups "Fixed Asset", "Finished Good", and "Service"?
>>> What would those mean? I guess I'm confused because it seems like
>>> an arbitrary selection of ProductTypes and other general stuff. A
>>> FixedAsset is (or can be) an instance of a Product, which can
>>> have a type of "Finished Good", for example.
>>>
>>>
>>>> Then, when the order is created, depending on the different
>>>> types of order items, you can 1) receive inventory or ship
>>>> inventory (physical products) 2) automatically fulfill for
>>>> digital products--already implemented, you can start your own
>>>> iTunes with ofbiz 3) commission a fixed asset item if it's a
>>>> fixed asset order item and 4) create a workeffort if it's a
>>>> service item
>>>>
>>>
>>> Here again this is kind of a funny mix of things, and I'm not
>>> sure what sort of process you have in mind. There are generally
>>> different processes for different things, and these can of course
>>> vary by the company. Purchases and sales are obviously different
>>> too. For service sales you could trigger creation of a
>>> WorkEffort, but for many companies that plan and quote before
>>> they sell the WorkEffort would already exist, for example.
>>>
>>> -David
>>>
>>> Best Regards,
>>>
>>> Si
>>> sichen@opensourcestrategies.com
>>>
>>>
>>>
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
Ok, I agree with what you're saying. I guess it doesn't matter as
much what happens when the order is created, but so long as after the
order is created, a different step is possible for fixed asset vs.
product vs. service.
On Dec 7, 2006, at 11:14 AM, David E Jones wrote:
>
> On Dec 7, 2006, at 11:33 AM, Si Chen wrote:
>
>> David,
>>
>> So what do you think would be the best approach for creating a
>> fixed asset after a PO is approved? Should there be a link to
>> receive the fixed asset, as opposed to receive inventory, which
>> causes the fixed asset to be created?
>
> This is usually known when an order is created, hence the different
> OrderItemTypes to denote this. When an order is received (or the
> shipment for an order, rather) we can look at those and see what
> the product purchase was intended for, ie inventory, supplies
> (expensed), or fixed asset.
>
> We could create a UI that allows manually overriding that when the
> order is received, but even that would start with the original
> intention denoted by the orderItemTypeId.
>
> -David
>
>
>> On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
>>> David,
>>>
>>> I just read David's post http://lists.ofbiz.org/pipermail/dev/
>>> 2006-May/011004.html and your posting and I think I would suggest
>>> something a little different. The different OrderItemTypes for
>>> product vs fixed asset vs service is a good idea, but it should
>>> not be presented to the user. Rather, it should be possible to
>>> set up a Product as a "Fixed Asset", "Finished Good", and
>>> "Service", and the storeOrder service should figure out correct
>>> OrderItemType for it. During order creation (shopping cart) any
>>> order item is like any other order item, but then when the order
>>> is created the different types are stored.
>>>
>>
>> Why the groups "Fixed Asset", "Finished Good", and "Service"? What
>> would those mean? I guess I'm confused because it seems like an
>> arbitrary selection of ProductTypes and other general stuff. A
>> FixedAsset is (or can be) an instance of a Product, which can have
>> a type of "Finished Good", for example.
>>
>>
>>> Then, when the order is created, depending on the different types
>>> of order items, you can 1) receive inventory or ship inventory
>>> (physical products) 2) automatically fulfill for digital
>>> products--already implemented, you can start your own iTunes with
>>> ofbiz 3) commission a fixed asset item if it's a fixed asset
>>> order item and 4) create a workeffort if it's a service item
>>>
>>
>> Here again this is kind of a funny mix of things, and I'm not sure
>> what sort of process you have in mind. There are generally
>> different processes for different things, and these can of course
>> vary by the company. Purchases and sales are obviously different
>> too. For service sales you could trigger creation of a WorkEffort,
>> but for many companies that plan and quote before they sell the
>> WorkEffort would already exist, for example.
>>
>> -David
>>
>> Best Regards,
>>
>> Si
>> sichen@opensourcestrategies.com
>>
>>
>>
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
On Dec 7, 2006, at 11:33 AM, Si Chen wrote:
> David,
>
> So what do you think would be the best approach for creating a
> fixed asset after a PO is approved? Should there be a link to
> receive the fixed asset, as opposed to receive inventory, which
> causes the fixed asset to be created?
This is usually known when an order is created, hence the different
OrderItemTypes to denote this. When an order is received (or the
shipment for an order, rather) we can look at those and see what the
product purchase was intended for, ie inventory, supplies (expensed),
or fixed asset.
We could create a UI that allows manually overriding that when the
order is received, but even that would start with the original
intention denoted by the orderItemTypeId.
-David
> On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
>> David,
>>
>> I just read David's post http://lists.ofbiz.org/pipermail/dev/2006-
>> May/011004.html and your posting and I think I would suggest
>> something a little different. The different OrderItemTypes for
>> product vs fixed asset vs service is a good idea, but it should
>> not be presented to the user. Rather, it should be possible to
>> set up a Product as a "Fixed Asset", "Finished Good", and
>> "Service", and the storeOrder service should figure out correct
>> OrderItemType for it. During order creation (shopping cart) any
>> order item is like any other order item, but then when the order
>> is created the different types are stored.
>>
>
> Why the groups "Fixed Asset", "Finished Good", and "Service"? What
> would those mean? I guess I'm confused because it seems like an
> arbitrary selection of ProductTypes and other general stuff. A
> FixedAsset is (or can be) an instance of a Product, which can have
> a type of "Finished Good", for example.
>
>
>> Then, when the order is created, depending on the different types
>> of order items, you can 1) receive inventory or ship inventory
>> (physical products) 2) automatically fulfill for digital products--
>> already implemented, you can start your own iTunes with ofbiz 3)
>> commission a fixed asset item if it's a fixed asset order item and
>> 4) create a workeffort if it's a service item
>>
>
> Here again this is kind of a funny mix of things, and I'm not sure
> what sort of process you have in mind. There are generally
> different processes for different things, and these can of course
> vary by the company. Purchases and sales are obviously different
> too. For service sales you could trigger creation of a WorkEffort,
> but for many companies that plan and quote before they sell the
> WorkEffort would already exist, for example.
>
> -David
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
So what do you think would be the best approach for creating a fixed
asset after a PO is approved? Should there be a link to receive the
fixed asset, as opposed to receive inventory, which causes the fixed
asset to be created?
On Dec 3, 2006, at 12:56 AM, David E Jones wrote:
> David,
>
> I just read David's post http://lists.ofbiz.org/pipermail/dev/2006-
> May/011004.html and your posting and I think I would suggest
> something a little different. The different OrderItemTypes for
> product vs fixed asset vs service is a good idea, but it should not
> be presented to the user. Rather, it should be possible to set up
> a Product as a "Fixed Asset", "Finished Good", and "Service", and
> the storeOrder service should figure out correct OrderItemType for
> it. During order creation (shopping cart) any order item is like
> any other order item, but then when the order is created the
> different types are stored.
>
Why the groups "Fixed Asset", "Finished Good", and "Service"? What
would those mean? I guess I'm confused because it seems like an
arbitrary selection of ProductTypes and other general stuff. A
FixedAsset is (or can be) an instance of a Product, which can have a
type of "Finished Good", for example.
> Then, when the order is created, depending on the different types
> of order items, you can 1) receive inventory or ship inventory
> (physical products) 2) automatically fulfill for digital products--
> already implemented, you can start your own iTunes with ofbiz 3)
> commission a fixed asset item if it's a fixed asset order item and
> 4) create a workeffort if it's a service item
>
Here again this is kind of a funny mix of things, and I'm not sure
what sort of process you have in mind. There are generally different
processes for different things, and these can of course vary by the
company. Purchases and sales are obviously different too. For service
sales you could trigger creation of a WorkEffort, but for many
companies that plan and quote before they sell the WorkEffort would
already exist, for example.
-David
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
On Dec 1, 2006, at 12:36 PM, Si Chen wrote:
> David,
>
> I just read David's post http://lists.ofbiz.org/pipermail/dev/2006-
> May/011004.html and your posting and I think I would suggest
> something a little different. The different OrderItemTypes for
> product vs fixed asset vs service is a good idea, but it should not
> be presented to the user. Rather, it should be possible to set up
> a Product as a "Fixed Asset", "Finished Good", and "Service", and
> the storeOrder service should figure out correct OrderItemType for
> it. During order creation (shopping cart) any order item is like
> any other order item, but then when the order is created the
> different types are stored.
Why the groups "Fixed Asset", "Finished Good", and "Service"? What
would those mean? I guess I'm confused because it seems like an
arbitrary selection of ProductTypes and other general stuff. A
FixedAsset is (or can be) an instance of a Product, which can have a
type of "Finished Good", for example.
> Then, when the order is created, depending on the different types
> of order items, you can 1) receive inventory or ship inventory
> (physical products) 2) automatically fulfill for digital products--
> already implemented, you can start your own iTunes with ofbiz 3)
> commission a fixed asset item if it's a fixed asset order item and
> 4) create a workeffort if it's a service item
Here again this is kind of a funny mix of things, and I'm not sure
what sort of process you have in mind. There are generally different
processes for different things, and these can of course vary by the
company. Purchases and sales are obviously different too. For service
sales you could trigger creation of a WorkEffort, but for many
companies that plan and quote before they sell the WorkEffort would
already exist, for example.
-David
> So then once you call createFixedAsset, the general ledger posting
> magic happens.
>
> The really interesting thing is what kind of accounting are you
> planning to do once the fixed assets are created?
>
> On Nov 29, 2006, at 11:41 AM, David Zelaya Herrera wrote:
>
>> Hi Si,
>>
>> I think what you must have done is created an association between the
>>> FixedAsset and Product using the Accounting > Fixed Asset >>
>>> Products
>>> tab. In this case, however, I think those screens are for
>>> maintaining rental calendar of a fixed asset, like a hotel room. In
>>> fact, the section in OrderServices where you got your crash looks
>>> like something Hans wrote.
>>
>>
>> Yes, you are rigth.
>>
>> I think looking at it, it is possible as David Jones said, to create
>>> a PO with a fixed asset product. Where we're missing though is that
>>> this fixed asset needs to be able to be received as a fixed asset
>>> and
>>> commissioned as a fixed asset, rather than received as inventory
>>> right now. That's the big piece we're missing--we should probably
>>> have some kind of a routine to create FixedAsset from OrderItem
>>> which
>>> are of the "Fixed Asset" type.
>>
>>
>> I agree with you. Also we have to think in others kinds of PO..
>> for eg. if I
>> contract a service like "Information Technology Service".. the
>> product type
>> must to be "Services" and the OrderItem type too, and of course
>> this kind of
>> PO dont have reception.. just a confirmation that the service was
>> done.
>>
>> I think that the accounting of these could work like this:
>> (event) when createShipmentReceipt run and OrderItem type is "PO:
>> Inventory"
>> (action) postShipmentReceiptToGl
>>
>> (event) when createShipmentReceipt run and OrderItem type is "PO:
>> FixedAsset"
>> (action) postFixedAssetReceiptToGl
>>
>> (event) when ... and the OrderItem type is "Services"
>> (action) postServiceConfirmToGl
>>
>>
>> --
>> Best Regards,
>>
>> David Zelaya Herrera
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
Re: Purchasing Fixed Assets
Posted by Chris Howe <cj...@yahoo.com>.
How is what I'm saying incorrect? An invoice is
evidence of an economic event, it is not itself an
economic event.
--- Si Chen <si...@opensourcestrategies.com> wrote:
> Chris,
>
> Just for the record, I don't think what you're
> saying is correct.
>
> On Dec 4, 2006, at 10:27 AM, Chris Howe wrote:
>
> > Not to call your accountant out, but WOW!
> >
> > If the transfer of ownership of the fixed asset
> > occurred when the setup services were performed,
> there
> > is only ONE economic event that is occurring and
> > should be recorded as such:
> >
> > Dr Fixed Assets - $1,000,000
> > Dr Shipping Expense - $50,000
> > Dr Professional Services expense (or something
> > similar) - $150,000
> > Cr Accounts Payable $1,200,000
> >
> > However, if the transfer of ownership of the fixed
> > asset occurred when the item was shipped, and then
> at
> > a later date the item was setup, then there are
> TWO
> > economic events.
> >
> > Dr Fixed Assets - $1,000,000
> > Dr Shipping Expense - $50,000
> > Cr Accounts Payable - $1,050,000
> >
> > Dr Professional Services expense (or something
> > similar) - $150,000
> > Cr Accounts Payable - $150,000
> >
> > An invoice is a request for payment. Stop making
> it
> > out to be something that it is not. A company's
> > account of their assets and liabilities has
> changed
> > regardless of whether a request for payment has
> been
> > made. Their assets and liabilities do not change
> > because a request has been made (or an even more
> > absurd assertion, that the request has been
> received).
> > This is why we have separate entities for
> invoices
> > and gL. Please use the correct entities.
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
Re: Purchasing Fixed Assets
Posted by Chris Howe <cj...@yahoo.com>.
Si, others,
If I cannot convince you that an "Uninvoiced Fixed
Asset Receipt" (UFAR) account is flat wrong, perhaps I
can at least sway your opinion that the approach is
not desirable; or that it causes more problems than it
solves.
First, I'm going by the assumption that UFAR is a
sub-account to Accounts Payable (AP). If my
assumption is incorrect, you are understating your
liabilities.
1) So, if UFAR is a sub-account of AP, then the
journal entry:
Dr: UFAR - $1,000,000
Cr: AP - $1,000,000
is redundant.
This redundancy causes a problem in the event of an
audit (internal or external). The transaction that
debits UFAR has evidence by way of invoice. However,
the transaction that credited UFAR has no evidence to
support the transaction occurring (as this usage is
unorthodox to say the least, the invoice may actually
instead be evidence of the transaction that credited
UFAR, or may not be sufficient as evidence of either
transaction. But certainly, the invoice is cannot be
evidence for both). This lack of evidence provides
ample opportunity for someone to defraud a company.
2) Being two seperate transactions that deal with
monetary numbers, how do you reconcile the following
scenario?
Purchase a fixed asset for what you believed to be
$1,000,000
Dr: Fixed Assets - $1,000,000
Cr: UFAR - $1,000,000
Invoice shows up with the cost of the asset being
$950,000.
Dr: UFAR - $950,000
Cr: AP - $950,000
UFAR has a remaining balance of $50,000
The correct journal entry for a misunderstanding of
price is:
Dr: AP - $50,000
Cr: Fixed Asset - $50,000
The sanest possible journal entry in a UFAR world
would instead be:
Dr: UFAR - $1,000,000
Cr: Fixed Asset - $ 50,000
Cr: AP - $ 950,000
If all you're ever going to do is debit UFAR the same
amount that you previously credited it, there is no
point in maintaining it; it provides no additional
information to decision makers above and beyond
providing a status Id to the projected invoice.
Which, can be accomplished much easier by simply
providing a status id to the projected invoice.
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
Chris,
Just for the record, I don't think what you're saying is correct.
On Dec 4, 2006, at 10:27 AM, Chris Howe wrote:
> Not to call your accountant out, but WOW!
>
> If the transfer of ownership of the fixed asset
> occurred when the setup services were performed, there
> is only ONE economic event that is occurring and
> should be recorded as such:
>
> Dr Fixed Assets - $1,000,000
> Dr Shipping Expense - $50,000
> Dr Professional Services expense (or something
> similar) - $150,000
> Cr Accounts Payable $1,200,000
>
> However, if the transfer of ownership of the fixed
> asset occurred when the item was shipped, and then at
> a later date the item was setup, then there are TWO
> economic events.
>
> Dr Fixed Assets - $1,000,000
> Dr Shipping Expense - $50,000
> Cr Accounts Payable - $1,050,000
>
> Dr Professional Services expense (or something
> similar) - $150,000
> Cr Accounts Payable - $150,000
>
> An invoice is a request for payment. Stop making it
> out to be something that it is not. A company's
> account of their assets and liabilities has changed
> regardless of whether a request for payment has been
> made. Their assets and liabilities do not change
> because a request has been made (or an even more
> absurd assertion, that the request has been received).
> This is why we have separate entities for invoices
> and gL. Please use the correct entities.
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by Chris Howe <cj...@yahoo.com>.
Not to call your accountant out, but WOW!
If the transfer of ownership of the fixed asset
occurred when the setup services were performed, there
is only ONE economic event that is occurring and
should be recorded as such:
Dr Fixed Assets - $1,000,000
Dr Shipping Expense - $50,000
Dr Professional Services expense (or something
similar) - $150,000
Cr Accounts Payable $1,200,000
However, if the transfer of ownership of the fixed
asset occurred when the item was shipped, and then at
a later date the item was setup, then there are TWO
economic events.
Dr Fixed Assets - $1,000,000
Dr Shipping Expense - $50,000
Cr Accounts Payable - $1,050,000
Dr Professional Services expense (or something
similar) - $150,000
Cr Accounts Payable - $150,000
An invoice is a request for payment. Stop making it
out to be something that it is not. A company's
account of their assets and liabilities has changed
regardless of whether a request for payment has been
made. Their assets and liabilities do not change
because a request has been made (or an even more
absurd assertion, that the request has been received).
This is why we have separate entities for invoices
and gL. Please use the correct entities.
** Disclaimer: I am not an accountant and should not
be construed as specific accounting advice. Even
though I do hold an MBA, please do your own diligence.
--- Adrian Crum <ad...@hlmksw.com> wrote:
> Our accountant just reviewed this email and he said
> it looks good to him.
>
>
> Si Chen wrote:
> > David,
> >
> > Invoices are definitely economic events, I agree.
> >
> > Here's the rationale for the "Uninvoiced Fixed
> Asset Receipt," and it
> > is similar to the reasonable for the "Uninvoiced
> Item Receipt": it is
> > to decouple of the value of the receipt or
> creation of a fixed asset
> > from accounts payable invoices. To wit, you can
> have these scenarios
> > which this account would solve better:
> >
> > 1. You buy a fixed asset worth $1 million, but
> the vendor's invoice
> > also includes $50,000 of shipping and $150,000 for
> set up. So you can
> > do this:
> >
> > DR Fixed Asset $1 million
> > CR Uninvoiced Fixed Asset Receipt $1 million
> >
> > DR Uninvoiced Fixed Asset Receipt $1 million
> > DR Shipping $50,000
> > DR Setup $150,000
> > CR Accounts Payable $1.2 million
> >
> > 2. You manufactured a fixed asset worth $1
> million in house, so you
> > can do this
> >
> > DR Fixed Asset $1 million
> > CR Uninvoiced Fixed Asset Receipt $1 million
> >
> > DR Uninvoiced Fixed Asset Receipt $1 million
> > CR WIP Inventory, Labor, expenses, etc. $1
> million
> >
> > You can imagine there are some other scenarios
> where this would apply.
> >
> > On Dec 3, 2006, at 1:00 AM, David E Jones wrote:
> >
> >>
> >> Hmmm... invoice are _definitely_ "economic
> events", or artifacts that
> >> have a direct financial impact on a company and
> therefore when
> >> finalized cause GL entries to be posted. That's
> the normal way of
> >> doing things. An order is received and there is
> generally no GL entry
> >> at that point. There are GL entries needed during
> fulfillment
> >> (inventory issuance), invoicing, receiving
> payments, etc.
> >>
> >> Maybe this isn't what you meant though. I agree
> that Si's use of a
> >> "Uninvoiced Fixed Asset Receipt" account seems a
> little funny. When a
> >> Fixed Asset is received you would get an invoice
> along with it from
> >> the vendor so it would be an unpaid invoice, or
> payables entry.
> >>
> >> -David
> >>
> >>
> >> On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
> >>
> >>> I know you want to want to link all of these
> into
> >>> automated actionable steps that make sense to
> your
> >>> business processes but you must remember:
> >>>
> >>> General Ledger entries are ONLY for economic
> events.
> >>>
> >>> Receipt of an invoice is NOT an economic event.
> If
> >>> you receive a fixed asset you:
> >>>
> >>> Debit: Fixed Asset
> >>> Credit: Accounts Payable
> >>>
> >>> If you want to create a relationship between the
> fixed
> >>> asset and an invoice, great. If you want to
> create a
> >>> relationship between the invoice and a vendor's
> >>> account, great. If you want to create a
> relationship
> >>> between a general ledger entry and an invoice or
> a
> >>> fixed asset, great. But under no circumstance
> should
> >>> you record a non economic event in the general
> ledger.
> >>>
> >>>
> >>>
> >>> --- Si Chen <si...@opensourcestrategies.com>
> wrote:
> >>>
> >>>> David,
> >>>>
> >>>> I think what should happen is this:
> >>>>
> >>>> When any fixed asset is created, if we know the
> >>>> ownerPartyId, then we
> >>>> can create:
> >>>>
> >>>> Debit Fixed Asset (or a specific FixedAsset GL
> >>>> account)
> >>>> Credit Uninvoiced Fixed Asset Receipt
> >>>>
> >>>> Then, when you have a purchase invoice with a
> fixed
> >>>> asset item
> >>>> created, you can do this:
> >>>>
> >>>> Debit Uninvoiced Fixed Asset Receipt
> >>>> Credit a Payable of some kind--Accounts
> >>>> Payable? I'm not sure -
> >>>> often fixed assets are bought with loans.
> >>>>
> >>>> Then we'd have to think about doing the
> depreciation
> >>>> calculations,
> >>>> that's what I think could be complicated.
> >>>>
> >>>> Best Regards,
> >>>>
> >>>> Si
> >>>> sichen@opensourcestrategies.com
> >>>>
> >>>>
> >>>>
> >>>>
> >>>
> >
> > Best Regards,
> >
> > Si
> > sichen@opensourcestrategies.com
> >
> >
> >
> >
>
Re: Purchasing Fixed Assets
Posted by Adrian Crum <ad...@hlmksw.com>.
Our accountant just reviewed this email and he said it looks good to him.
Si Chen wrote:
> David,
>
> Invoices are definitely economic events, I agree.
>
> Here's the rationale for the "Uninvoiced Fixed Asset Receipt," and it
> is similar to the reasonable for the "Uninvoiced Item Receipt": it is
> to decouple of the value of the receipt or creation of a fixed asset
> from accounts payable invoices. To wit, you can have these scenarios
> which this account would solve better:
>
> 1. You buy a fixed asset worth $1 million, but the vendor's invoice
> also includes $50,000 of shipping and $150,000 for set up. So you can
> do this:
>
> DR Fixed Asset $1 million
> CR Uninvoiced Fixed Asset Receipt $1 million
>
> DR Uninvoiced Fixed Asset Receipt $1 million
> DR Shipping $50,000
> DR Setup $150,000
> CR Accounts Payable $1.2 million
>
> 2. You manufactured a fixed asset worth $1 million in house, so you
> can do this
>
> DR Fixed Asset $1 million
> CR Uninvoiced Fixed Asset Receipt $1 million
>
> DR Uninvoiced Fixed Asset Receipt $1 million
> CR WIP Inventory, Labor, expenses, etc. $1 million
>
> You can imagine there are some other scenarios where this would apply.
>
> On Dec 3, 2006, at 1:00 AM, David E Jones wrote:
>
>>
>> Hmmm... invoice are _definitely_ "economic events", or artifacts that
>> have a direct financial impact on a company and therefore when
>> finalized cause GL entries to be posted. That's the normal way of
>> doing things. An order is received and there is generally no GL entry
>> at that point. There are GL entries needed during fulfillment
>> (inventory issuance), invoicing, receiving payments, etc.
>>
>> Maybe this isn't what you meant though. I agree that Si's use of a
>> "Uninvoiced Fixed Asset Receipt" account seems a little funny. When a
>> Fixed Asset is received you would get an invoice along with it from
>> the vendor so it would be an unpaid invoice, or payables entry.
>>
>> -David
>>
>>
>> On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
>>
>>> I know you want to want to link all of these into
>>> automated actionable steps that make sense to your
>>> business processes but you must remember:
>>>
>>> General Ledger entries are ONLY for economic events.
>>>
>>> Receipt of an invoice is NOT an economic event. If
>>> you receive a fixed asset you:
>>>
>>> Debit: Fixed Asset
>>> Credit: Accounts Payable
>>>
>>> If you want to create a relationship between the fixed
>>> asset and an invoice, great. If you want to create a
>>> relationship between the invoice and a vendor's
>>> account, great. If you want to create a relationship
>>> between a general ledger entry and an invoice or a
>>> fixed asset, great. But under no circumstance should
>>> you record a non economic event in the general ledger.
>>>
>>>
>>>
>>> --- Si Chen <si...@opensourcestrategies.com> wrote:
>>>
>>>> David,
>>>>
>>>> I think what should happen is this:
>>>>
>>>> When any fixed asset is created, if we know the
>>>> ownerPartyId, then we
>>>> can create:
>>>>
>>>> Debit Fixed Asset (or a specific FixedAsset GL
>>>> account)
>>>> Credit Uninvoiced Fixed Asset Receipt
>>>>
>>>> Then, when you have a purchase invoice with a fixed
>>>> asset item
>>>> created, you can do this:
>>>>
>>>> Debit Uninvoiced Fixed Asset Receipt
>>>> Credit a Payable of some kind--Accounts
>>>> Payable? I'm not sure -
>>>> often fixed assets are bought with loans.
>>>>
>>>> Then we'd have to think about doing the depreciation
>>>> calculations,
>>>> that's what I think could be complicated.
>>>>
>>>> Best Regards,
>>>>
>>>> Si
>>>> sichen@opensourcestrategies.com
>>>>
>>>>
>>>>
>>>>
>>>
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
I'm no accountant, but it sounds fine to me as an intermediate step
to make processes more flexible.
-David
On Dec 4, 2006, at 10:32 AM, Si Chen wrote:
> David,
>
> Invoices are definitely economic events, I agree.
>
> Here's the rationale for the "Uninvoiced Fixed Asset Receipt," and
> it is similar to the reasonable for the "Uninvoiced Item Receipt":
> it is to decouple of the value of the receipt or creation of a
> fixed asset from accounts payable invoices. To wit, you can have
> these scenarios which this account would solve better:
>
> 1. You buy a fixed asset worth $1 million, but the vendor's
> invoice also includes $50,000 of shipping and $150,000 for set up.
> So you can do this:
>
> DR Fixed Asset $1 million
> CR Uninvoiced Fixed Asset Receipt $1 million
>
> DR Uninvoiced Fixed Asset Receipt $1 million
> DR Shipping $50,000
> DR Setup $150,000
> CR Accounts Payable $1.2 million
>
> 2. You manufactured a fixed asset worth $1 million in house, so
> you can do this
>
> DR Fixed Asset $1 million
> CR Uninvoiced Fixed Asset Receipt $1 million
>
> DR Uninvoiced Fixed Asset Receipt $1 million
> CR WIP Inventory, Labor, expenses, etc. $1 million
>
> You can imagine there are some other scenarios where this would apply.
>
> On Dec 3, 2006, at 1:00 AM, David E Jones wrote:
>
>>
>> Hmmm... invoice are _definitely_ "economic events", or artifacts
>> that have a direct financial impact on a company and therefore
>> when finalized cause GL entries to be posted. That's the normal
>> way of doing things. An order is received and there is generally
>> no GL entry at that point. There are GL entries needed during
>> fulfillment (inventory issuance), invoicing, receiving payments, etc.
>>
>> Maybe this isn't what you meant though. I agree that Si's use of a
>> "Uninvoiced Fixed Asset Receipt" account seems a little funny.
>> When a Fixed Asset is received you would get an invoice along with
>> it from the vendor so it would be an unpaid invoice, or payables
>> entry.
>>
>> -David
>>
>>
>> On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
>>
>>> I know you want to want to link all of these into
>>> automated actionable steps that make sense to your
>>> business processes but you must remember:
>>>
>>> General Ledger entries are ONLY for economic events.
>>>
>>> Receipt of an invoice is NOT an economic event. If
>>> you receive a fixed asset you:
>>>
>>> Debit: Fixed Asset
>>> Credit: Accounts Payable
>>>
>>> If you want to create a relationship between the fixed
>>> asset and an invoice, great. If you want to create a
>>> relationship between the invoice and a vendor's
>>> account, great. If you want to create a relationship
>>> between a general ledger entry and an invoice or a
>>> fixed asset, great. But under no circumstance should
>>> you record a non economic event in the general ledger.
>>>
>>>
>>>
>>> --- Si Chen <si...@opensourcestrategies.com> wrote:
>>>
>>>> David,
>>>>
>>>> I think what should happen is this:
>>>>
>>>> When any fixed asset is created, if we know the
>>>> ownerPartyId, then we
>>>> can create:
>>>>
>>>> Debit Fixed Asset (or a specific FixedAsset GL
>>>> account)
>>>> Credit Uninvoiced Fixed Asset Receipt
>>>>
>>>> Then, when you have a purchase invoice with a fixed
>>>> asset item
>>>> created, you can do this:
>>>>
>>>> Debit Uninvoiced Fixed Asset Receipt
>>>> Credit a Payable of some kind--Accounts
>>>> Payable? I'm not sure -
>>>> often fixed assets are bought with loans.
>>>>
>>>> Then we'd have to think about doing the depreciation
>>>> calculations,
>>>> that's what I think could be complicated.
>>>>
>>>> Best Regards,
>>>>
>>>> Si
>>>> sichen@opensourcestrategies.com
>>>>
>>>>
>>>>
>>>>
>>>
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
Invoices are definitely economic events, I agree.
Here's the rationale for the "Uninvoiced Fixed Asset Receipt," and it
is similar to the reasonable for the "Uninvoiced Item Receipt": it is
to decouple of the value of the receipt or creation of a fixed asset
from accounts payable invoices. To wit, you can have these scenarios
which this account would solve better:
1. You buy a fixed asset worth $1 million, but the vendor's invoice
also includes $50,000 of shipping and $150,000 for set up. So you
can do this:
DR Fixed Asset $1 million
CR Uninvoiced Fixed Asset Receipt $1 million
DR Uninvoiced Fixed Asset Receipt $1 million
DR Shipping $50,000
DR Setup $150,000
CR Accounts Payable $1.2 million
2. You manufactured a fixed asset worth $1 million in house, so you
can do this
DR Fixed Asset $1 million
CR Uninvoiced Fixed Asset Receipt $1 million
DR Uninvoiced Fixed Asset Receipt $1 million
CR WIP Inventory, Labor, expenses, etc. $1 million
You can imagine there are some other scenarios where this would apply.
On Dec 3, 2006, at 1:00 AM, David E Jones wrote:
>
> Hmmm... invoice are _definitely_ "economic events", or artifacts
> that have a direct financial impact on a company and therefore when
> finalized cause GL entries to be posted. That's the normal way of
> doing things. An order is received and there is generally no GL
> entry at that point. There are GL entries needed during fulfillment
> (inventory issuance), invoicing, receiving payments, etc.
>
> Maybe this isn't what you meant though. I agree that Si's use of a
> "Uninvoiced Fixed Asset Receipt" account seems a little funny. When
> a Fixed Asset is received you would get an invoice along with it
> from the vendor so it would be an unpaid invoice, or payables entry.
>
> -David
>
>
> On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
>
>> I know you want to want to link all of these into
>> automated actionable steps that make sense to your
>> business processes but you must remember:
>>
>> General Ledger entries are ONLY for economic events.
>>
>> Receipt of an invoice is NOT an economic event. If
>> you receive a fixed asset you:
>>
>> Debit: Fixed Asset
>> Credit: Accounts Payable
>>
>> If you want to create a relationship between the fixed
>> asset and an invoice, great. If you want to create a
>> relationship between the invoice and a vendor's
>> account, great. If you want to create a relationship
>> between a general ledger entry and an invoice or a
>> fixed asset, great. But under no circumstance should
>> you record a non economic event in the general ledger.
>>
>>
>>
>> --- Si Chen <si...@opensourcestrategies.com> wrote:
>>
>>> David,
>>>
>>> I think what should happen is this:
>>>
>>> When any fixed asset is created, if we know the
>>> ownerPartyId, then we
>>> can create:
>>>
>>> Debit Fixed Asset (or a specific FixedAsset GL
>>> account)
>>> Credit Uninvoiced Fixed Asset Receipt
>>>
>>> Then, when you have a purchase invoice with a fixed
>>> asset item
>>> created, you can do this:
>>>
>>> Debit Uninvoiced Fixed Asset Receipt
>>> Credit a Payable of some kind--Accounts
>>> Payable? I'm not sure -
>>> often fixed assets are bought with loans.
>>>
>>> Then we'd have to think about doing the depreciation
>>> calculations,
>>> that's what I think could be complicated.
>>>
>>> Best Regards,
>>>
>>> Si
>>> sichen@opensourcestrategies.com
>>>
>>>
>>>
>>>
>>
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by Chris Howe <cj...@yahoo.com>.
The economic event is the transfer of ownership of
goods for obligation (accounts payable) or cash.
When they accepted ownership of the goods, they
accepted the asset. Additionally, when they accepted
the ownership of the goods, they accepted the
liability.
For simplicity, many small businesses hold off on
recording this economic event until receiving an
invoice. However, receipt of the invoice is not the
economic event. This practice is grossly incorrect
and may (will) cause major discrepancies in periodic
financial reports. A piece of paper summarizing the
transfer of ownership has no financial worth and
therefore cannot be an economic event.
There are two things (WHAT and WHEN[a])that are
important for a general ledger entry. And two
additional things (WHO and WHEN[b]) that are important
for auditing
WHAT - the economic event
WHEN[a] - date the economic event took place
WHO - who recorded the economic event
WHEN[b] - date the economic event was recorded
The distinction I am making is between WHAT the
economic event is and WHEN[b] someone chooses to
record it. WHEN[b] is not a part of the economic
event. These small differences are some of the
reasons why Accountants still get paid the big bucks
even in companies that have complete ERP packages.
The receipt of the order is not the economic event
either. The economic event depends on the terms of
shipping FOB shipping/FOB destination. The economic
event is the transfer of ownership, not the receipt of
goods. It is possible to contract in such a way to
make these simultaneously the same moment in time,
however generally they are not.
--- David E Jones <jo...@undersunconsulting.com>
wrote:
>
> Hmmm... invoice are _definitely_ "economic events",
> or artifacts that
> have a direct financial impact on a company and
> therefore when
> finalized cause GL entries to be posted. That's the
> normal way of
> doing things. An order is received and there is
> generally no GL entry
> at that point. There are GL entries needed during
> fulfillment
> (inventory issuance), invoicing, receiving payments,
> etc.
>
> Maybe this isn't what you meant though. I agree that
> Si's use of a
> "Uninvoiced Fixed Asset Receipt" account seems a
> little funny. When a
> Fixed Asset is received you would get an invoice
> along with it from
> the vendor so it would be an unpaid invoice, or
> payables entry.
>
> -David
>
>
> On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
>
> > I know you want to want to link all of these into
> > automated actionable steps that make sense to your
> > business processes but you must remember:
> >
> > General Ledger entries are ONLY for economic
> events.
> >
> > Receipt of an invoice is NOT an economic event.
> If
> > you receive a fixed asset you:
> >
> > Debit: Fixed Asset
> > Credit: Accounts Payable
> >
> > If you want to create a relationship between the
> fixed
> > asset and an invoice, great. If you want to
> create a
> > relationship between the invoice and a vendor's
> > account, great. If you want to create a
> relationship
> > between a general ledger entry and an invoice or a
> > fixed asset, great. But under no circumstance
> should
> > you record a non economic event in the general
> ledger.
> >
> >
> >
> > --- Si Chen <si...@opensourcestrategies.com>
> wrote:
> >
> >> David,
> >>
> >> I think what should happen is this:
> >>
> >> When any fixed asset is created, if we know the
> >> ownerPartyId, then we
> >> can create:
> >>
> >> Debit Fixed Asset (or a specific FixedAsset GL
> >> account)
> >> Credit Uninvoiced Fixed Asset Receipt
> >>
> >> Then, when you have a purchase invoice with a
> fixed
> >> asset item
> >> created, you can do this:
> >>
> >> Debit Uninvoiced Fixed Asset Receipt
> >> Credit a Payable of some kind--Accounts
> >> Payable? I'm not sure -
> >> often fixed assets are bought with loans.
> >>
> >> Then we'd have to think about doing the
> depreciation
> >> calculations,
> >> that's what I think could be complicated.
> >>
> >> Best Regards,
> >>
> >> Si
> >> sichen@opensourcestrategies.com
> >>
> >>
> >>
> >>
> >
>
>
Re: Purchasing Fixed Assets
Posted by David E Jones <jo...@undersunconsulting.com>.
Hmmm... invoice are _definitely_ "economic events", or artifacts that
have a direct financial impact on a company and therefore when
finalized cause GL entries to be posted. That's the normal way of
doing things. An order is received and there is generally no GL entry
at that point. There are GL entries needed during fulfillment
(inventory issuance), invoicing, receiving payments, etc.
Maybe this isn't what you meant though. I agree that Si's use of a
"Uninvoiced Fixed Asset Receipt" account seems a little funny. When a
Fixed Asset is received you would get an invoice along with it from
the vendor so it would be an unpaid invoice, or payables entry.
-David
On Dec 1, 2006, at 5:21 PM, Chris Howe wrote:
> I know you want to want to link all of these into
> automated actionable steps that make sense to your
> business processes but you must remember:
>
> General Ledger entries are ONLY for economic events.
>
> Receipt of an invoice is NOT an economic event. If
> you receive a fixed asset you:
>
> Debit: Fixed Asset
> Credit: Accounts Payable
>
> If you want to create a relationship between the fixed
> asset and an invoice, great. If you want to create a
> relationship between the invoice and a vendor's
> account, great. If you want to create a relationship
> between a general ledger entry and an invoice or a
> fixed asset, great. But under no circumstance should
> you record a non economic event in the general ledger.
>
>
>
> --- Si Chen <si...@opensourcestrategies.com> wrote:
>
>> David,
>>
>> I think what should happen is this:
>>
>> When any fixed asset is created, if we know the
>> ownerPartyId, then we
>> can create:
>>
>> Debit Fixed Asset (or a specific FixedAsset GL
>> account)
>> Credit Uninvoiced Fixed Asset Receipt
>>
>> Then, when you have a purchase invoice with a fixed
>> asset item
>> created, you can do this:
>>
>> Debit Uninvoiced Fixed Asset Receipt
>> Credit a Payable of some kind--Accounts
>> Payable? I'm not sure -
>> often fixed assets are bought with loans.
>>
>> Then we'd have to think about doing the depreciation
>> calculations,
>> that's what I think could be complicated.
>>
>> Best Regards,
>>
>> Si
>> sichen@opensourcestrategies.com
>>
>>
>>
>>
>
Re: Purchasing Fixed Assets
Posted by Chris Howe <cj...@yahoo.com>.
I know you want to want to link all of these into
automated actionable steps that make sense to your
business processes but you must remember:
General Ledger entries are ONLY for economic events.
Receipt of an invoice is NOT an economic event. If
you receive a fixed asset you:
Debit: Fixed Asset
Credit: Accounts Payable
If you want to create a relationship between the fixed
asset and an invoice, great. If you want to create a
relationship between the invoice and a vendor's
account, great. If you want to create a relationship
between a general ledger entry and an invoice or a
fixed asset, great. But under no circumstance should
you record a non economic event in the general ledger.
--- Si Chen <si...@opensourcestrategies.com> wrote:
> David,
>
> I think what should happen is this:
>
> When any fixed asset is created, if we know the
> ownerPartyId, then we
> can create:
>
> Debit Fixed Asset (or a specific FixedAsset GL
> account)
> Credit Uninvoiced Fixed Asset Receipt
>
> Then, when you have a purchase invoice with a fixed
> asset item
> created, you can do this:
>
> Debit Uninvoiced Fixed Asset Receipt
> Credit a Payable of some kind--Accounts
> Payable? I'm not sure -
> often fixed assets are bought with loans.
>
> Then we'd have to think about doing the depreciation
> calculations,
> that's what I think could be complicated.
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
I think what should happen is this:
When any fixed asset is created, if we know the ownerPartyId, then we
can create:
Debit Fixed Asset (or a specific FixedAsset GL account)
Credit Uninvoiced Fixed Asset Receipt
Then, when you have a purchase invoice with a fixed asset item
created, you can do this:
Debit Uninvoiced Fixed Asset Receipt
Credit a Payable of some kind--Accounts Payable? I'm not sure -
often fixed assets are bought with loans.
Then we'd have to think about doing the depreciation calculations,
that's what I think could be complicated.
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
I just read David's post http://lists.ofbiz.org/pipermail/dev/2006-
May/011004.html and your posting and I think I would suggest
something a little different. The different OrderItemTypes for
product vs fixed asset vs service is a good idea, but it should not
be presented to the user. Rather, it should be possible to set up a
Product as a "Fixed Asset", "Finished Good", and "Service", and the
storeOrder service should figure out correct OrderItemType for it.
During order creation (shopping cart) any order item is like any
other order item, but then when the order is created the different
types are stored.
Then, when the order is created, depending on the different types of
order items, you can 1) receive inventory or ship inventory (physical
products) 2) automatically fulfill for digital products--already
implemented, you can start your own iTunes with ofbiz 3) commission a
fixed asset item if it's a fixed asset order item and 4) create a
workeffort if it's a service item
So then once you call createFixedAsset, the general ledger posting
magic happens.
The really interesting thing is what kind of accounting are you
planning to do once the fixed assets are created?
On Nov 29, 2006, at 11:41 AM, David Zelaya Herrera wrote:
> Hi Si,
>
> I think what you must have done is created an association between the
>> FixedAsset and Product using the Accounting > Fixed Asset >> Products
>> tab. In this case, however, I think those screens are for
>> maintaining rental calendar of a fixed asset, like a hotel room. In
>> fact, the section in OrderServices where you got your crash looks
>> like something Hans wrote.
>
>
> Yes, you are rigth.
>
> I think looking at it, it is possible as David Jones said, to create
>> a PO with a fixed asset product. Where we're missing though is that
>> this fixed asset needs to be able to be received as a fixed asset and
>> commissioned as a fixed asset, rather than received as inventory
>> right now. That's the big piece we're missing--we should probably
>> have some kind of a routine to create FixedAsset from OrderItem which
>> are of the "Fixed Asset" type.
>
>
> I agree with you. Also we have to think in others kinds of PO.. for
> eg. if I
> contract a service like "Information Technology Service".. the
> product type
> must to be "Services" and the OrderItem type too, and of course
> this kind of
> PO dont have reception.. just a confirmation that the service was
> done.
>
> I think that the accounting of these could work like this:
> (event) when createShipmentReceipt run and OrderItem type is "PO:
> Inventory"
> (action) postShipmentReceiptToGl
>
> (event) when createShipmentReceipt run and OrderItem type is "PO:
> FixedAsset"
> (action) postFixedAssetReceiptToGl
>
> (event) when ... and the OrderItem type is "Services"
> (action) postServiceConfirmToGl
>
>
> --
> Best Regards,
>
> David Zelaya Herrera
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David Zelaya Herrera <da...@gmail.com>.
Hi Si,
I think what you must have done is created an association between the
> FixedAsset and Product using the Accounting > Fixed Asset >> Products
> tab. In this case, however, I think those screens are for
> maintaining rental calendar of a fixed asset, like a hotel room. In
> fact, the section in OrderServices where you got your crash looks
> like something Hans wrote.
Yes, you are rigth.
I think looking at it, it is possible as David Jones said, to create
> a PO with a fixed asset product. Where we're missing though is that
> this fixed asset needs to be able to be received as a fixed asset and
> commissioned as a fixed asset, rather than received as inventory
> right now. That's the big piece we're missing--we should probably
> have some kind of a routine to create FixedAsset from OrderItem which
> are of the "Fixed Asset" type.
I agree with you. Also we have to think in others kinds of PO.. for eg. if I
contract a service like "Information Technology Service".. the product type
must to be "Services" and the OrderItem type too, and of course this kind of
PO dont have reception.. just a confirmation that the service was done.
I think that the accounting of these could work like this:
(event) when createShipmentReceipt run and OrderItem type is "PO: Inventory"
(action) postShipmentReceiptToGl
(event) when createShipmentReceipt run and OrderItem type is "PO:
FixedAsset"
(action) postFixedAssetReceiptToGl
(event) when ... and the OrderItem type is "Services"
(action) postServiceConfirmToGl
--
Best Regards,
David Zelaya Herrera
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
While trying to figure this out, I fixed something which has been
bothering me for a very long time: http://issues.apache.org/jira/
browse/OFBIZ-503 :)
Anyway, now I'm looking at your log file:
http://sourceforge.net/tracker/index.php?
func=detail&aid=1601474&group_id=145855&atid=763271
And I think these lines are instructive:
2006-11-22 18:33:38,391 (http-0.0.0.0-8443-Processor3)
[ OrderServices.java:585:INFO ] find the fixedAsset
2006-11-22 18:33:38,422 (http-0.0.0.0-8443-Processor3)
[ OrderServices.java:596:INFO ] find the techdatacalendar
I think what you must have done is created an association between the
FixedAsset and Product using the Accounting > Fixed Asset >> Products
tab. In this case, however, I think those screens are for
maintaining rental calendar of a fixed asset, like a hotel room. In
fact, the section in OrderServices where you got your crash looks
like something Hans wrote.
I think looking at it, it is possible as David Jones said, to create
a PO with a fixed asset product. Where we're missing though is that
this fixed asset needs to be able to be received as a fixed asset and
commissioned as a fixed asset, rather than received as inventory
right now. That's the big piece we're missing--we should probably
have some kind of a routine to create FixedAsset from OrderItem which
are of the "Fixed Asset" type.
Then the financials module needs to be configured so that fixed asset
invoice items can be booked to the right G/L account, but that should
be very easy.
On Nov 28, 2006, at 3:11 PM, David Zelaya Herrera wrote:
> Si, Jacques
>
> I dont have any patch of this.. I am working with Ofbiz - Opentaps
> 0.9.2_473442.
> The item type combo is down of the name of the item.
>
> Is something like this:
>
> ------------------------------------------------------------
> Order Items
> ------------------------------------------------------------
> GZ-1000-0 Tiny Gizmo
> Inventory: ATP = -8500, QOH = -8500
> Item Type: __________ (Here)
> Ship After Date _________
> ------------------------------------------------------------
>
> The item type could be "PO: Inventory", "PO: Supplies (to Expense)"
> or "PO:
> Fixed Asset".
> When I create a fixed asset purchase order and I dont set the item
> type to
> "PO: Fixed Asset" the system shows this error message:
>
>
> - ERROR: Could not create order (problem invoking the service:
> Service
> target threw an unexpected exception (null))
>
>
> Best Regards,
>
>
> 2006/11/28, Si Chen <si...@opensourcestrategies.com>:
>>
>> Wait . . . I found the button. Now I'm trying to figure out how it
>> all works.
>>
>> On Nov 28, 2006, at 12:26 PM, Jacques Le Roux wrote:
>>
>> > Hi Davis,
>> >
>> > Yes why not a little patch ;o) ?
>> >
>> > http://docs.ofbiz.org/display/OFBADMIN/OFBiz+Contributors+Best
>> > +Practices
>> >
>> > Jacques
>> >
>> > From: "David Zelaya Herrera" < david.zelaya.h@gmail.com>
>> >> Duh, I know now what I was doing wrong. I did not set the item
>> >> type to "PO:
>> >> fixed asset" in the order item.
>> >> Maybe the system could show another error message?
>> >>
>> >> Best Regards,
>> >>
>> >> David Zelaya Herrera
>> >>
>> >> 2006/11/27, David Zelaya Herrera < david.zelaya.h@gmail.com>:
>> >>>
>> >>> Hi Everybody,
>> >>>
>> >>> I try to make different kinds of purchase orders (of raw
>> material,
>> >>> services and fixed assets) and I have a problem when I make a
>> >>> fixed assets
>> >>> purchase order. The system shows this error:
>> >>>
>> >>> ERROR: No se pudo crear la orden (problema invocando al servicio:
>> >>> Service
>> >>> target threw an unexpected exception (null))
>> >>>
>> >>> The way that I made this was:
>> >>> - create new product (fixed asset type)
>> >>> - create new fixed asset
>> >>> - link new product to fixed asset
>> >>> - create order
>> >>> What is the way to make this kind of purchase orders?. Did I do
>> >>> something
>> >>> wrong? with the other kinds of purchase order I dont have any
>> >>> problem.
>> >>>
>> >>> About purchasing fixed assets I find this:
>> >>>
>> >>> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
>> >>>
>> >>> Anybody now if this work was done? If not, maybe I can help with
>> >>> something. :-)
>> >>>
>> >>> --
>> >>> Best Regards,
>> >>>
>> >>> David Zelaya Herrera
>> >>
>> >>
>> >>
>> >>
>> >> --
>> >>
>>
>> Best Regards,
>>
>> Si
>> sichen@opensourcestrategies.com
>>
>>
>>
>>
>>
>
>
> --
> Best Regards,
>
> David Zelaya Herrera
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David Zelaya Herrera <da...@gmail.com>.
Si, Jacques
I dont have any patch of this.. I am working with Ofbiz - Opentaps
0.9.2_473442.
The item type combo is down of the name of the item.
Is something like this:
------------------------------------------------------------
Order Items
------------------------------------------------------------
GZ-1000-0 Tiny Gizmo
Inventory: ATP = -8500, QOH = -8500
Item Type: __________ (Here)
Ship After Date _________
------------------------------------------------------------
The item type could be "PO: Inventory", "PO: Supplies (to Expense)" or "PO:
Fixed Asset".
When I create a fixed asset purchase order and I dont set the item type to
"PO: Fixed Asset" the system shows this error message:
- ERROR: Could not create order (problem invoking the service: Service
target threw an unexpected exception (null))
Best Regards,
2006/11/28, Si Chen <si...@opensourcestrategies.com>:
>
> Wait . . . I found the button. Now I'm trying to figure out how it
> all works.
>
> On Nov 28, 2006, at 12:26 PM, Jacques Le Roux wrote:
>
> > Hi Davis,
> >
> > Yes why not a little patch ;o) ?
> >
> > http://docs.ofbiz.org/display/OFBADMIN/OFBiz+Contributors+Best
> > +Practices
> >
> > Jacques
> >
> > From: "David Zelaya Herrera" < david.zelaya.h@gmail.com>
> >> Duh, I know now what I was doing wrong. I did not set the item
> >> type to "PO:
> >> fixed asset" in the order item.
> >> Maybe the system could show another error message?
> >>
> >> Best Regards,
> >>
> >> David Zelaya Herrera
> >>
> >> 2006/11/27, David Zelaya Herrera < david.zelaya.h@gmail.com>:
> >>>
> >>> Hi Everybody,
> >>>
> >>> I try to make different kinds of purchase orders (of raw material,
> >>> services and fixed assets) and I have a problem when I make a
> >>> fixed assets
> >>> purchase order. The system shows this error:
> >>>
> >>> ERROR: No se pudo crear la orden (problema invocando al servicio:
> >>> Service
> >>> target threw an unexpected exception (null))
> >>>
> >>> The way that I made this was:
> >>> - create new product (fixed asset type)
> >>> - create new fixed asset
> >>> - link new product to fixed asset
> >>> - create order
> >>> What is the way to make this kind of purchase orders?. Did I do
> >>> something
> >>> wrong? with the other kinds of purchase order I dont have any
> >>> problem.
> >>>
> >>> About purchasing fixed assets I find this:
> >>>
> >>> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
> >>>
> >>> Anybody now if this work was done? If not, maybe I can help with
> >>> something. :-)
> >>>
> >>> --
> >>> Best Regards,
> >>>
> >>> David Zelaya Herrera
> >>
> >>
> >>
> >>
> >> --
> >>
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
>
--
Best Regards,
David Zelaya Herrera
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
Wait . . . I found the button. Now I'm trying to figure out how it
all works.
On Nov 28, 2006, at 12:26 PM, Jacques Le Roux wrote:
> Hi Davis,
>
> Yes why not a little patch ;o) ?
>
> http://docs.ofbiz.org/display/OFBADMIN/OFBiz+Contributors+Best
> +Practices
>
> Jacques
>
> From: "David Zelaya Herrera" <da...@gmail.com>
>> Duh, I know now what I was doing wrong. I did not set the item
>> type to "PO:
>> fixed asset" in the order item.
>> Maybe the system could show another error message?
>>
>> Best Regards,
>>
>> David Zelaya Herrera
>>
>> 2006/11/27, David Zelaya Herrera <da...@gmail.com>:
>>>
>>> Hi Everybody,
>>>
>>> I try to make different kinds of purchase orders (of raw material,
>>> services and fixed assets) and I have a problem when I make a
>>> fixed assets
>>> purchase order. The system shows this error:
>>>
>>> ERROR: No se pudo crear la orden (problema invocando al servicio:
>>> Service
>>> target threw an unexpected exception (null))
>>>
>>> The way that I made this was:
>>> - create new product (fixed asset type)
>>> - create new fixed asset
>>> - link new product to fixed asset
>>> - create order
>>> What is the way to make this kind of purchase orders?. Did I do
>>> something
>>> wrong? with the other kinds of purchase order I dont have any
>>> problem.
>>>
>>> About purchasing fixed assets I find this:
>>>
>>> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
>>>
>>> Anybody now if this work was done? If not, maybe I can help with
>>> something. :-)
>>>
>>> --
>>> Best Regards,
>>>
>>> David Zelaya Herrera
>>
>>
>>
>>
>> --
>>
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by Jacques Le Roux <ja...@les7arts.com>.
Hi Davis,
Yes why not a little patch ;o) ?
http://docs.ofbiz.org/display/OFBADMIN/OFBiz+Contributors+Best+Practices
Jacques
From: "David Zelaya Herrera" <da...@gmail.com>
> Duh, I know now what I was doing wrong. I did not set the item type to "PO:
> fixed asset" in the order item.
> Maybe the system could show another error message?
>
> Best Regards,
>
> David Zelaya Herrera
>
> 2006/11/27, David Zelaya Herrera <da...@gmail.com>:
> >
> > Hi Everybody,
> >
> > I try to make different kinds of purchase orders (of raw material,
> > services and fixed assets) and I have a problem when I make a fixed assets
> > purchase order. The system shows this error:
> >
> > ERROR: No se pudo crear la orden (problema invocando al servicio: Service
> > target threw an unexpected exception (null))
> >
> > The way that I made this was:
> > - create new product (fixed asset type)
> > - create new fixed asset
> > - link new product to fixed asset
> > - create order
> > What is the way to make this kind of purchase orders?. Did I do something
> > wrong? with the other kinds of purchase order I dont have any problem.
> >
> > About purchasing fixed assets I find this:
> >
> > http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
> >
> > Anybody now if this work was done? If not, maybe I can help with
> > something. :-)
> >
> > --
> > Best Regards,
> >
> > David Zelaya Herrera
>
>
>
>
> --
>
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
No image came through. Can you email it to me at my email address?
On Nov 28, 2006, at 12:36 PM, David Zelaya Herrera wrote:
> Hi Si,
>
> In the purchase order.. when you create a purchase order you can
> set the Item type for each item of the purchase order.
> I attach the image.
>
>
> 2006/11/28, Si Chen < sichen@opensourcestrategies.com>:
> David,
>
> Where does one set "PO: fixed asset"?
>
> On Nov 28, 2006, at 8:30 AM, David Zelaya Herrera wrote:
>
> > Duh, I know now what I was doing wrong. I did not set the item type
> > to "PO:
> > fixed asset" in the order item.
> > Maybe the system could show another error message?
> >
> > Best Regards,
> >
> > David Zelaya Herrera
> >
> > 2006/11/27, David Zelaya Herrera < david.zelaya.h@gmail.com>:
> >>
> >> Hi Everybody,
> >>
> >> I try to make different kinds of purchase orders (of raw material,
> >> services and fixed assets) and I have a problem when I make a
> >> fixed assets
> >> purchase order. The system shows this error:
> >>
> >> ERROR: No se pudo crear la orden (problema invocando al servicio:
> >> Service
> >> target threw an unexpected exception (null))
> >>
> >> The way that I made this was:
> >> - create new product (fixed asset type)
> >> - create new fixed asset
> >> - link new product to fixed asset
> >> - create order
> >> What is the way to make this kind of purchase orders?. Did I do
> >> something
> >> wrong? with the other kinds of purchase order I dont have any
> >> problem.
> >>
> >> About purchasing fixed assets I find this:
> >>
> >> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
> >>
> >> Anybody now if this work was done? If not, maybe I can help with
> >> something. :-)
> >>
> >> --
> >> Best Regards,
> >>
> >> David Zelaya Herrera
> >
> >
> >
> >
> > --
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
>
>
>
> --
> Best Regards,
>
> David Zelaya Herrera
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David Zelaya Herrera <da...@gmail.com>.
Hi Si,
In the purchase order.. when you create a purchase order you can set the
Item type for each item of the purchase order.
I attach the image.
2006/11/28, Si Chen <si...@opensourcestrategies.com>:
>
> David,
>
> Where does one set "PO: fixed asset"?
>
> On Nov 28, 2006, at 8:30 AM, David Zelaya Herrera wrote:
>
> > Duh, I know now what I was doing wrong. I did not set the item type
> > to "PO:
> > fixed asset" in the order item.
> > Maybe the system could show another error message?
> >
> > Best Regards,
> >
> > David Zelaya Herrera
> >
> > 2006/11/27, David Zelaya Herrera <da...@gmail.com>:
> >>
> >> Hi Everybody,
> >>
> >> I try to make different kinds of purchase orders (of raw material,
> >> services and fixed assets) and I have a problem when I make a
> >> fixed assets
> >> purchase order. The system shows this error:
> >>
> >> ERROR: No se pudo crear la orden (problema invocando al servicio:
> >> Service
> >> target threw an unexpected exception (null))
> >>
> >> The way that I made this was:
> >> - create new product (fixed asset type)
> >> - create new fixed asset
> >> - link new product to fixed asset
> >> - create order
> >> What is the way to make this kind of purchase orders?. Did I do
> >> something
> >> wrong? with the other kinds of purchase order I dont have any
> >> problem.
> >>
> >> About purchasing fixed assets I find this:
> >>
> >> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
> >>
> >> Anybody now if this work was done? If not, maybe I can help with
> >> something. :-)
> >>
> >> --
> >> Best Regards,
> >>
> >> David Zelaya Herrera
> >
> >
> >
> >
> > --
>
> Best Regards,
>
> Si
> sichen@opensourcestrategies.com
>
>
>
>
>
--
Best Regards,
David Zelaya Herrera
Re: Purchasing Fixed Assets
Posted by Si Chen <si...@opensourcestrategies.com>.
David,
Where does one set "PO: fixed asset"?
On Nov 28, 2006, at 8:30 AM, David Zelaya Herrera wrote:
> Duh, I know now what I was doing wrong. I did not set the item type
> to "PO:
> fixed asset" in the order item.
> Maybe the system could show another error message?
>
> Best Regards,
>
> David Zelaya Herrera
>
> 2006/11/27, David Zelaya Herrera <da...@gmail.com>:
>>
>> Hi Everybody,
>>
>> I try to make different kinds of purchase orders (of raw material,
>> services and fixed assets) and I have a problem when I make a
>> fixed assets
>> purchase order. The system shows this error:
>>
>> ERROR: No se pudo crear la orden (problema invocando al servicio:
>> Service
>> target threw an unexpected exception (null))
>>
>> The way that I made this was:
>> - create new product (fixed asset type)
>> - create new fixed asset
>> - link new product to fixed asset
>> - create order
>> What is the way to make this kind of purchase orders?. Did I do
>> something
>> wrong? with the other kinds of purchase order I dont have any
>> problem.
>>
>> About purchasing fixed assets I find this:
>>
>> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
>>
>> Anybody now if this work was done? If not, maybe I can help with
>> something. :-)
>>
>> --
>> Best Regards,
>>
>> David Zelaya Herrera
>
>
>
>
> --
Best Regards,
Si
sichen@opensourcestrategies.com
Re: Purchasing Fixed Assets
Posted by David Zelaya Herrera <da...@gmail.com>.
Duh, I know now what I was doing wrong. I did not set the item type to "PO:
fixed asset" in the order item.
Maybe the system could show another error message?
Best Regards,
David Zelaya Herrera
2006/11/27, David Zelaya Herrera <da...@gmail.com>:
>
> Hi Everybody,
>
> I try to make different kinds of purchase orders (of raw material,
> services and fixed assets) and I have a problem when I make a fixed assets
> purchase order. The system shows this error:
>
> ERROR: No se pudo crear la orden (problema invocando al servicio: Service
> target threw an unexpected exception (null))
>
> The way that I made this was:
> - create new product (fixed asset type)
> - create new fixed asset
> - link new product to fixed asset
> - create order
> What is the way to make this kind of purchase orders?. Did I do something
> wrong? with the other kinds of purchase order I dont have any problem.
>
> About purchasing fixed assets I find this:
>
> http://lists.ofbiz.org/pipermail/dev/2006-May/011004.html
>
> Anybody now if this work was done? If not, maybe I can help with
> something. :-)
>
> --
> Best Regards,
>
> David Zelaya Herrera
--