Hello Community,

Can we consider the following transactions - from the demo data - as
opening balances when we start using Ofbiz?

If yes, shouldn't we have other similar transactions for the demo chart of
accounts for the remaining GL Accounts?

<!-- Accounting Transaction Demo Data -->
<!-- Set CAPITAL STOCK and initial CASH value -->
<AcctgTrans acctgTransId="6000" acctgTransTypeId="CAPITALIZATION"
description="Initial Capital Stock" transactionDate="2009-01-01
10:33:26.0" isPosted="Y" postedDate="2009-01-01 10:53:46.623"
glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6000" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Initial Capital From Owners"
glAccountId="310000" organizationPartyId="Company" amount="200000.00"
currencyUomId="USD" origAmount="200000.00" origCurrencyUomId="USD"
debitCreditFlag="C" reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6000" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Initial Cash From Owners"
glAccountId="111100" organizationPartyId="Company" amount="200000.00"
currencyUomId="USD" origAmount="200000.00" origCurrencyUomId="USD"
debitCreditFlag="D" reconcileStatusId="AES_NOT_RECONCILED"/>
<!-- Set initial FIXED ASSET @ COST value for vehicles: sum of all
inventory fixed assets' PURCHASE COST -->
<AcctgTrans acctgTransId="6001" acctgTransTypeId="DISBURSEMENT"
description="Purchase of vehicles" transactionDate="2009-01-02
11:08:46.0" isPosted="Y" postedDate="2009-01-02 11:10:44.459"
glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6001" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Purchase of vehicles"
glAccountId="174000" organizationPartyId="Company" amount="70000.00"
currencyUomId="USD" origAmount="70000.00" origCurrencyUomId="USD"
debitCreditFlag="D" reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6001" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Purchase of vehicles"
glAccountId="111100" organizationPartyId="Company" amount="70000.00"
currencyUomId="USD" origAmount="70000.00" origCurrencyUomId="USD"
debitCreditFlag="C" reconcileStatusId="AES_NOT_RECONCILED"/>
<!-- Set initial FIXED ASSET @ COST value for equipment: sum of all
inventory fixed assets' PURCHASE COST -->
<AcctgTrans acctgTransId="6002" acctgTransTypeId="DISBURSEMENT"
description="Purchase of manufacturing equipment"
transactionDate="2009-01-03 11:16:21.0" isPosted="Y"
postedDate="2009-01-03 11:17:03.511" glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6002" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Purchase of manufacturing
equipment" glAccountId="111100" organizationPartyId="Company"
amount="76500.00" currencyUomId="USD" origAmount="76500.00"
origCurrencyUomId="USD" debitCreditFlag="C"
reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6002" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Purchase of manufacturing
equipment" glAccountId="171000" organizationPartyId="Company"
amount="76500.00" currencyUomId="USD" origAmount="76500.00"
origCurrencyUomId="USD" debitCreditFlag="D"
reconcileStatusId="AES_NOT_RECONCILED"/>
<!-- Set initial INVENTORY value for finished goods: sum of all
inventory items' QOH * UNIT COST before invoices/shipments/receipts
-->
<AcctgTrans acctgTransId="6003" acctgTransTypeId="INVENTORY"
description="Set initial inventory value" transactionDate="2009-01-04
11:16:21.0" isPosted="Y" postedDate="2009-01-04 11:17:03.511"
glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6003" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Initial inventory purchase"
glAccountId="111100" organizationPartyId="Company" amount="1799.93"
currencyUomId="USD" origAmount="1799.93" origCurrencyUomId="USD"
debitCreditFlag="C" reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6003" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Initial inventory value"
glAccountId="140000" organizationPartyId="Company" amount="1799.93"
currencyUomId="USD" origAmount="1799.93" origCurrencyUomId="USD"
debitCreditFlag="D" reconcileStatusId="AES_NOT_RECONCILED"/>
<!-- Set initial INVENTORY value for raw materials: sum of all
inventory items' QOH * UNIT COST before invoices/shipments/receipts
-->
<AcctgTrans acctgTransId="6004" acctgTransTypeId="INVENTORY"
description="Set initial inventory value" transactionDate="2009-01-04
12:16:21.0" isPosted="Y" postedDate="2009-01-04 12:17:03.511"
glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6004" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Initial raw materials
inventory purchase" glAccountId="111100" organizationPartyId="Company"
amount="320.00" currencyUomId="USD" origAmount="320.00"
origCurrencyUomId="USD" debitCreditFlag="C"
reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6004" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Initial raw materials
inventory value" glAccountId="141000" organizationPartyId="Company"
amount="320.00" currencyUomId="USD" origAmount="320.00"
origCurrencyUomId="USD" debitCreditFlag="D"
reconcileStatusId="AES_NOT_RECONCILED"/>

<AcctgTrans acctgTransId="6005" acctgTransTypeId="DEPRECIATION"
description="Depreciation of vehicles after the first quarter"
transactionDate="2009-03-31 00:00:00.0" isPosted="Y"
postedDate="2009-03-31 00:00:00.0" glFiscalTypeId="ACTUAL"/>
<AcctgTransEntry acctgTransId="6005" acctgTransEntrySeqId="00001"
acctgTransEntryTypeId="_NA_" description="Depreciation of vehicles
after the first quarter" glAccountId="188000"
organizationPartyId="Company" amount="2500.00" currencyUomId="USD"
origAmount="2500.00" origCurrencyUomId="USD" debitCreditFlag="C"
reconcileStatusId="AES_NOT_RECONCILED"/>
<AcctgTransEntry acctgTransId="6005" acctgTransEntrySeqId="00002"
acctgTransEntryTypeId="_NA_" description="Depreciation of vehicles
after the first quarter" glAccountId="675400"
organizationPartyId="Company" amount="2500.00" currencyUomId="USD"
origAmount="2500.00" origCurrencyUomId="USD" debitCreditFlag="D"
reconcileStatusId="AES_NOT_RECONCILED"/>


regards
Emad,

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