The Grumpy Editor's next project
Posted May 31, 2007 21:11 UTC (Thu) by einhverfr
Parent article: The Grumpy Editor's next project
I look forward to reading your reviews. I am involved in the LedgerSMB project.
I will say that I have not yet found an accounting package that meets everyone's needs perfectly. There are differing means of calculating inventory and cost of goods sold, and there are a number of other issues worth considering.
While we are working hard on LedgerSMB to overcome these obstacles to the extent they can be, I generally advise people to make reasonable decisions about how they want to keep their books before deciding on software to automate it. For example, if you want to do FIFO inventory, then Quickbooks is not an option because it uses the average cost method.
In this spirit, I would suggest that a good series might also cover issues like how inventory is calculated, how transparent a system is, and how extensible it is. These issues, combined with what you like or don't like, may give users more insight into what solutions would work best for them.
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