Item Ledger Entry vs Value Entry

gulamdastagir

if anyone could tell me from experience when we are supposed to refer to the Item ledger entries and when the value entry. becasue some fields on the item table are flowfields based on the Item ledger entry table and some flowfields are based on Value Entry

garak

the item ledger entrie will created, when an item was "moved" like shiped, pos. or neg. adj. transfer, etc.
The value entries to an item ledger entry defines for example the inventory value. For example. Create an purch shipment, then you've create an itemledg. Entry and one value entry (basic). Then when you post this shipment in one or more invoices with other prices then new value entries will created. The value entrie are also designed for to calculate the avg. unit cost . For an better help, use the online help (F1) ;-)

Regards

NaviDev

To be more simplier, You can refer to Item Ledger Entry when it comes more to inventory and Value Entry when it comes to Costing.

OlgaTM

You may find it useful to consult the Costing White Paper, which among other things explains the architecture of NAV inventory costing mechanism and relationship between Item Ledger Entries and Value Entries.
The White Paper for 5.0 is available on PartnerSource, under Documentation->White Papers:
https://mbs.microsoft.com/downloads/partner/Nav/50material/TechWhitePapers/InventoryCostingTechWhitePaper.pdf

Alex_Chow

In regards to costing, Item Ledger is used to analyze your "true cost". Value entry is used to analyze your "accounting cost".

I actually have a BLOG post that explains this in a more simplified term than what's written in the costing manual. However, it's still left unpublished....