Considering to add compound/combined journal entry feature
abanghendri opened this issue · 3 comments
compound entry is a more efficient form of accountancy, which enhances the productivity of the accountant and leads to a better accounting presentation.
wallstreetmojo.com
I know there are 3 compound JE
- multiple Debits : Credit
- Debit : multiple Credits
- Multiple Debits : multiple Credits
Third case is rarely used, but some still need it to better accounting presentation.
So please vote for this if you need this feature to.
Hi @abanghendri,
The first two scenarios, are already covered by the package, they are controlled by the $journalEntry->credited
attribute i.e. if true, the main account is on the credit side and all the line item accounts are debited, when false the main account and all the line item accounts are credited. I'll need to spend some time to think about how to implement that third scenario.
Cheers
Hi @abanghendri.
i'm happy to let you know that I've added support for compound journals to the latest release of the package. To see it in action, please visit the examples section of the documentation.
Cheers
Thanks @ekmungai , you're awesome