Double Entry Accounting

2004-10-21
2013-05-02
  • Pramod_Singh
    Pramod_Singh
    2004-10-21

    Hi there,
    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
    Pramod Singh.

     
    • Pramod_Singh
      Pramod_Singh
      2004-10-21

      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?
      Rgds
      Pramod Singh

       
    • Kathy Pink
      Kathy Pink
      2004-10-22

      double entry.  You can see the transactions after posted by selecting the posted button for the doc.  Also accoutning fact windows and reports

       
      • Siva
        Siva
        2005-12-06

        Hello Friends
             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,
        with regards,
        Siva