First Message Posted - Welcome

[matthew....@gmail.com]

Welcome to the Responsive Software group where we look forward to
answering your questions about any of our products - Ledger,
LedgerPlus or the Framework.

Matthew Jenkinson
Software Architect

[Dan]

Matthew,

I am investigating the suitablilty of Ledger/Plus for us.

I would like to know (about LedgerPlus):

- How to delete a Customer / Customer Account

- Can Sales be linked to a ledger account so that sales entries are automatically entered in the ledger (and Income Statement)

- How can income tax calculations be done automatically - tax rate (%) applied to Net Income

Thank you if you find a moment to reply to this

Regards,

Dan

[Matthew Jenkinson]

On the Stock Items screen you can link sales of a specific item to an individual ledger account by selecting it in the field Alternative Sales Ledger A/c. Otherwise all sales of the item will be recorded in the ledger account specified in the field Sales A/c on the File menu, Configure item, Global tab.

 

The calculation of Net Income for a business is only indirectly related to the volume of sales because it must also take account of overhead expenses.

 

I believe the best way to make provision for income tax in the ledger is to do it at a fixed % based on the sales a/c.  This % could be an estimate based on the previous years business experience.

 

LedgerPlus will not allow customers or their accounts to be deleted.

If you really want to be rid of them do this.

Create a customer with the name "Unused Accounts."

Customer Accounts - delete all entries in the account. Then edit the account and change the customer to "Unused Accounts."

Customers - edit the customer and change the name to "Deleted Customer." Then blank out all the other fields.