Loans

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Loans

Bahaa Alamood
Hello all,

We have a situation where the business borrow money from the investors
and then the business returns  the money to the investors when the
project they helped financing is done. How can I input this in ofbiz in  
a way such that this money shows up in the reports?


--
Bahaaldin Al-amood
IQ Tel: +964 (0) 780 926 2103
US tel: 540 632 1388
email: [hidden email]
Skype ID: bahaa.alamood

Arc Digital Solutions and Consultancy
www.arcdsc.com

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Re: Loans

S K Pradeep kumar
Check with FinAccount, virtual currency.

With regards,
S K Pradeep Kumar,
9035009495

On Sun, Mar 12, 2017 at 6:48 PM, Bahaa Alamood <
[hidden email]> wrote:

> Hello all,
>
> We have a situation where the business borrow money from the investors and
> then the business returns  the money to the investors when the project they
> helped financing is done. How can I input this in ofbiz in  a way such that
> this money shows up in the reports?
>
>
> --
> Bahaaldin Al-amood
> IQ Tel: +964 (0) 780 926 2103
> US tel: 540 632 1388
> email: [hidden email]
> Skype ID: bahaa.alamood
>
> Arc Digital Solutions and Consultancy
> www.arcdsc.com
>
> This message contains information that may be confidential
> and privileged to Arc digital Solutions and Consultancy, its partners, or
> customers.
> Unauthorized use is strictly prohibited. Unless you are the
> addressee (or authorized to receive mail for the addressee),
> you should not use, copy or disclose to anyone this message
> or any information contained in this message. If you have
> received this message in error, please so advise the sender
> by reply e-mail and delete this message. Thank you for your
> cooperation.
>
>
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Re: Loans

Jacopo Cappellato-5
In reply to this post by Bahaa Alamood
Hi Bahaa,

you can record them with manually entered accounting transactions.
The screen to use is the following:

https://demo-stable.ofbiz.apache.org/accounting/control/newAcctgTrans?
organizationPartyId=Company

Enter the information for the header (you can leave most of the fields
blank) and then hit the "create" button; in the next screen you will create
Debit and Credit entries for the accounts you want to post to: you will
probably want to use one liability account for the Credit (to represent the
amount your company owe to the investor) and a cash/bank account for the
Debit (to represent the money received from the investor).

I hope it helps,

Jacopo

On Sun, Mar 12, 2017 at 2:18 PM, Bahaa Alamood <
[hidden email]> wrote:

> Hello all,
>
> We have a situation where the business borrow money from the investors and
> then the business returns  the money to the investors when the project they
> helped financing is done. How can I input this in ofbiz in  a way such that
> this money shows up in the reports?
>
>
> --
> Bahaaldin Al-amood
> IQ Tel: +964 (0) 780 926 2103
> US tel: 540 632 1388
> email: [hidden email]
> Skype ID: bahaa.alamood
>
> Arc Digital Solutions and Consultancy
> www.arcdsc.com
>
> This message contains information that may be confidential
> and privileged to Arc digital Solutions and Consultancy, its partners, or
> customers.
> Unauthorized use is strictly prohibited. Unless you are the
> addressee (or authorized to receive mail for the addressee),
> you should not use, copy or disclose to anyone this message
> or any information contained in this message. If you have
> received this message in error, please so advise the sender
> by reply e-mail and delete this message. Thank you for your
> cooperation.
>
>
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Re: Loans

Bahaa Alamood
Thanks you  all for the help


On 3/17/2017 4:10 AM, Jacopo Cappellato wrote:

> Hi Bahaa,
>
> you can record them with manually entered accounting transactions.
> The screen to use is the following:
>
> https://demo-stable.ofbiz.apache.org/accounting/control/newAcctgTrans?
> organizationPartyId=Company
>
> Enter the information for the header (you can leave most of the fields
> blank) and then hit the "create" button; in the next screen you will create
> Debit and Credit entries for the accounts you want to post to: you will
> probably want to use one liability account for the Credit (to represent the
> amount your company owe to the investor) and a cash/bank account for the
> Debit (to represent the money received from the investor).
>
> I hope it helps,
>
> Jacopo
>
> On Sun, Mar 12, 2017 at 2:18 PM, Bahaa Alamood <
> [hidden email]> wrote:
>
>> Hello all,
>>
>> We have a situation where the business borrow money from the investors and
>> then the business returns  the money to the investors when the project they
>> helped financing is done. How can I input this in ofbiz in  a way such that
>> this money shows up in the reports?
>>
>>
>> --
>> Bahaaldin Al-amood
>> IQ Tel: +964 (0) 780 926 2103
>> US tel: 540 632 1388
>> email: [hidden email]
>> Skype ID: bahaa.alamood
>>
>> Arc Digital Solutions and Consultancy
>> www.arcdsc.com
>>
>> This message contains information that may be confidential
>> and privileged to Arc digital Solutions and Consultancy, its partners, or
>> customers.
>> Unauthorized use is strictly prohibited. Unless you are the
>> addressee (or authorized to receive mail for the addressee),
>> you should not use, copy or disclose to anyone this message
>> or any information contained in this message. If you have
>> received this message in error, please so advise the sender
>> by reply e-mail and delete this message. Thank you for your
>> cooperation.
>>
>>