Direct Cost applied account

Lisa_Randall
Lisa_Randall Member Posts: 44
edited 2006-04-18 in NAV/Navision Classic Client
Wondering if anyone can help this may seem silly but i am trying to find out what the purpose of the work date is ?..I have been trying to backdate payments but changing the workdate does not work as the direct cost applied account still shows todays date while all the other dates are backdated this means that payments dont tie up and is causing problems at the end of each month.

Any suggestions - client is using automatic cost posting ? ](*,)

Comments

  • lakshmivalluru
    lakshmivalluru Member Posts: 168
    correct me if i am wrong. The entry will be posted to diect cost applied account only on purchase of an item not at the time of payment. So payment has got nothing to do with any postings to this account. So the posting date on the diect cost applied account entry will still be the same as of the day the itme is purchase. The payment posting will not check this account at all. sorry if i am not of much help...
    LR
  • Kowa
    Kowa Member Posts: 926
    The direct cost applied account has nothing to do with payments. Each purchase would represent an expense, as the purchase accounts option type is "Income Statement". As the inventory value rises with a purchase , to neutralize this expense , the inventory cost posting creates a post for this on the "Direct cost applied account".
    If automatic cost posting is on, this post is generated together with the purchase, if not, it is created when "Post inventory cost to G/L" is run.
    Kai Kowalewski

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