Re: Users - update on accounting/general ledger development

Posted by Daniel Kunkel on Feb 15, 2006; 12:23am
URL: http://ofbiz.116.s1.nabble.com/Users-update-on-accounting-general-ledger-development-tp137410p137413.html

Hi Si

Thanks for the great news!!! I and I'm sure many others in the community
really appreciate that you and the other investors were able to finance
and push in the development of the Financial system!

Is there any intention of bringing the new financial package back into
OFBiz project after enough commercial licenses have been sold to fully
compensate the investors?

Are there any plans for the Financial package to offer a version with
Opentaps (SequoiaERP) integrated for easier downloading/installing?

Thanks




On Tue, 2006-02-14 at 15:52 -0800, Si Chen wrote:

> Hello everyone.  I wanted to tell you about an important change with the
> ongoing accounting/general ledger (accountingext) development in OFBiz.
>
> We will soon be releasing most of the files in the accountingext
> repository to the main OFBiz accounting component.  This would include
> screens and services for managing invoices and payments; configuring
> internal accounting organizations; printing checks and invoices as PDFs;
> and posting transactions to the general ledger.
>
> A small minority of the files, responsible for posting transactions such
> as invoices, payments, inventory changes, and returns to the general
> ledger; generating financial reports such as trial balances, income
> statements, and balance sheets; and user and technical documentation
> will be transferred out to a separate Open Source Strategies, Inc.
> repository.  We will then continue the development of a full featured
> "Financials" module, which would include ledger postings, financial
> reporting, and traditional AR/AP, in this repository.  This Financials
> module will be fully compatible with OFBiz, using the same entities,
> architecture, and tools.
>
> We will be releasing this repository under both GPL and commercial
> licenses within the next few days.  You will be able to access the
> repository for a download, and as soon as it is stable, we will be
> making a release.  Currently, for example, the returns posting is not
> working properly due to the large re-factoring of the returns feature in
> OFBiz we're doing.
>
> What does this mean?  I hope this would mean the following:
>
> 1.  You will have access to a free accounting application that is fully
> integrated with OFBiz.
> 2.  The availability of an accounting application should help OFBiz
> adoption.
> 3.  We will hopefully be able to fund its ongoing maintenance and
> development through the sale of commercial licenses, in addition to
> sponsored development and community contributions.
>
> We're currently setting up a repository and moving files into it.  As
> soon as it's ready for access, I will write with the access information.
>
> Thanks,
>
> Si
>  
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