Re: [CK-Ledger-users] Issuing refund / credit

[C K Wu <ck...@ch...>]

Hello, Steve,

Steve Gallaher wrote:

>Thanks C K
>
>Adding credit notes to the menu would be a great help for our end-users.
>As far as managing issuing credit notes, I was thinking perhaps it could
>be a separate module that would be limited to authorized managers (like
>the POS-Manager module).  Still need a strong policy for refunds /
>credit notes, but it would limit who could issue them. Of course, the
>process you suggested will work out fine for our needs until that can be
>investigated further.
>
>On another note, Yes, I am in New Zealand (however, I'm actually an
>American).  So far it appears CK can be easily adapted to fit NZ
>accounting standards with just a few changes to data rather than major
>programming modifications.  The main differences are in terminology and
>GL heading and A/Cs.  The biggest challenge I'll have is developing the
>ability to generate reports that follow Government standards for GST and
>payroll taxes.  I am interested in developing an industry specific
>module for an electronics repair & service business.  If anyone is
>currently working on a module specific to a service industry, I'd be
>interested in chatting.
>

I am not sure if a service industry module is in the making.
Perhaps other list members may like to respond to your call.
At the same time, you are most welcome to send in your
module code for incorporation into the main CK-Ledger
codebase if you so incline to.

Cheers,
CK

>Regards,
>
>Steve Gallaher
>
>    
>
>-----Original Message-----
>From: C K Wu [mailto:ck...@ch...] 
>Sent: Wednesday, 25 February 2004 4:11 a.m.
>To: Steve Gallaher
>Cc: ck-...@li...
>Subject: Re: [CK-Ledger-users] Issuing refund / credit
>
>Hello, Steve,
>
>Thank you for checking out CK-Ledger.
>
>At the moment, CK-Ledger does not carry specific feature for
>issuing a refund or credit note. However, refund or credit notes
>can be generated readily as invoices with -ve amounts. You could
>also utilize the standard invoice remark to add a sentence indicating
>that the subject invoice is in fact a credit note. If I got the time,
>I'll
>add a menu choice for the production of credit notes.
>
>One thing though, refund is one of the area that most auditors will
>dig into to check for fraud or sloppy accounting control. Since it is
>fairly difficult to implement a generic computerised check to ensure
>an organisation's refund policy is being adhered to, you may need
>to implement rather stringent manual control over the processing of
>refunds.
>
>Btw, I notice your mail originates from New Zealand. Just as
>a matter of interest, could you indicate if the current CK-Ledger setup
>meets New Zealand requirements or if enhancements need to be added.
>
>Cheers,
>CK
>
>  
>