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I have installed compiere and it seems to be running fine.
Can somebody tell me weather compiere follows the double entry system or single posting system.
Thanks in advance
Also i would like to know. In case if its double entry system then how do i verify this. I mean is there any report/ tables?
double entry. You can see the transactions after posted by selecting the posted button for the doc. Also accoutning fact windows and reports
I am working in Compiere 2.5.2d Version, i am new to Accounting side. As you mentioned in this mail that Compiere is Double entry system, i want to create the Trial Balance, Statement of Accounts, Accounting Fact Details reports with Single entries only. So how can i create the Single entry reports, plz help me, i am new to Compiere Accounting.
Thanks in advance,