0018031: Wrong accounting for write off amounts - Openbravo Issue Tracking System

Openbravo Issue Tracking System - Openbravo ERP

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Date Submitted

Last Update

0018031

Openbravo ERP

Z. Others

public

2011-06-23 18:29

2011-08-29 12:33

Reporter

jaime_chamorro

Assigned To

eduardo_Argal

Priority

urgent

Severity

major

Reproducibility

always

Status

closed

Resolution

fixed

Platform

OS Version

Product Version

Target Version

Fixed in Version

Merge Request Status

Review Assigned To

OBNetwork customer

Web browser

Modules

Advanced Payables and Receivables Mngmt

Support ticket

Regression level

Regression date

Regression introduced in release

Regression introduced by commit

Triggers an Emergency Pack

Summary

0018031: Wrong accounting for write off amounts

Description

The application is not properly accounting the write off amounts when the adding payment in/out is done whatever that is income or expense. Currently, the write off amounts are being posted against the account combination write-off configured at business partner level in the accounting by default system (Financial Management || Accounting || Setup || Accounting Schema || Accounting Schema >> Defaults). In our example this account is “69400” for both cases (positive or negative write-off). From the accounting point of view this is wrong because it should be against profit account if the write-off is positive (an income). But the system does not make this differentiation.
In conclusion, it necessary to have an extra account to write-off positive as well to post the write-off incomes

Steps To Reproduce

” >> “Add Payment in/out” pop-up and filter to look for the purchase invoice created >> select the purchase invoiced created (153,4 €). There is a difference of 2,4 € and mark the radio button “Write off the difference”. Press ok.
3. Financial Account CAIXA >> Transactions >> Button “Matching Using Imported Bank Statement” >> add the payment in amount 201 € >> “Add Transaction” pop-up and filter by: Transaction Type: Payment In/out
 Transaction Date: by default
 Document: Received in
4. Press button “Add Payment in/out” >> “Add Payment in/out” pop-up and filter to look for the sales invoice created >> select the sales invoiced created (205,2 €). There is a difference of 4,2 € and mark the radio button “Write off the difference”. Press ok.
5. Save both lined matched and press button “Reconcile”.
B. Reconciliation Posting Process: transaction Financial Management || Receivables & Payables || Transactions || Financial Account || Account >> Reconciliation tab
1. Select the proper document no. reconciliation (#1000018 in our example) and press “Post” button. You can check the posting document in the pictured attached.
2. As you can check both write-off amounts have been posted against the same loss account configured (669) , the income in credit (2,4) and the loss in debit (4,2). he credit income must be posted in a profit account, for exaploe 759.

Proposed Solution

There should be the option to configure a "Write-off Revenue" account. The application has to differenciate between both: profit and loss write-off.

Additional Information