FrontAccounting-2.4.7
FrontAccounting (FA) is a free and open source accounting software. FA is a multi-locational, multi-user, multi-lingual, multi-currency web-based accounting system for the entire Enterprise Resource Planning (ERP) chain written in PHP, using MySQL. FrontAccounting is developed by an international team. Senior developer Joe Hunt (@joe) lives in Sweden and Janusz Dobrowolski (@itronics) is in Poland, while other developers come from USA, Canada, Egypt, Dubai, India, Australia, and elsewhere.
FrontAccounting works on Linux, Windows and Mac operating systems. It automates accounting tasks. It contains a number of ready to use reports. It helps to manage all aspects of business. i.e from job costing to inventory management to financial statements
The contributors who helped create this tutorial series are - Sheetal Prabhu, Nirmala Venkat, Praveen Somu, Arvind Pillai, Pratik Kamble and Nancy Varkey - all from Spoken Tutorial Project, IIT Bombay. The effort has been moderated and coordinated by the Spoken Tutorial team, IIT Bombay.
Learners: UG/PG Commerce students, Commerce teachers, Accountants, Finance professionals
Basic Level
- Overview of FrontAccounting
- About FrontAccounting
- Features of FrontAccounting
- Who can use FrontAccounting?
- Glimpse of Spoken Tutorials available on FrontAccounting series
- Installation of FrontAccounting on Linux OS
- System prerequisites for installation
- Demonstration on how to install XAMPP on linux
- Start the XAMPP services
- Download FrontAccounting software
- Create Users and Database for FrontAccounting
- Steps to follow to do the installation
- Login to the FrontAccounting interface
- Additional Reading material for solutions if Port error in XAMPP services
- Installation of FrontAccounting on Windows OS
- System pre requisites for installation
- Demonstration on how to install XAMPP on Windows
- Start the XAMPP services
- Download FrontAccounting software
- Create Users and Database for FrontAccounting
- Steps to follow to do the installation
- Login to the FrontAccounting interface
- Additional Reading material for solutions if Port error in XAMPP services
- Setup in FrontAccounting
- Various modules in setup
- Create our own Organization or Company
- How to add home currency?
- What is fiscal year?
- About fiscal year setup
- Update Company setup
- Increase the Login timeout option
- New user accounts Setup
- Setup access permission
- How to change the date format?
- Banking and General Ledger in FrontAccounting.
- Various modules in Banking and General Ledger
- About Charts of Accounts
- Why we need GL Accounts, Groups and Class?
- How to create new GL Class?
- About Class ID and Class Name
- List of various Class types
- List of various Class names
- How to create new GL Groups and GL Accounts?
- Journal Entry and Balance sheet in FrontAccounting
- How to introduce capital in the business?
- Example for journal entry
- Process journal entry
- View the journal entry
- Enter a new journal entry
- How to add an attachment for the journal entry
- Balance sheet Drilldown option
- How to void a transaction
- Items and inventory in FrontAccounting
- What are items nad inventory?
- How to set units of measure?
- How to set the Item Categories for items?
- Default Item Categories in FrontAccounting
- Add a new Item category for Finished Goods
- Add a new Item for Finished Goods
- Assign sales prices to individual Sales item
- Different Item types
- Different Sales types
- Taxes and Bank Accounts in FrontAccounting
- Add a new tax
- How to add GST and Sevice tax for a company?
- About Sale and purchase GL account for tax
- How to add new GL Accounts for service tax?
- Set up a Bank Account for the company
- Set Current account and Petty Cash account details
- Deposit amount in the company's Bank account
- View the GL postings for the Deposit
- How to transfer petty cash
- Reconcile the Bank Account
- Setup for Sales in FrontAccounting
