A/C ing entry when posting Purchase Invoice

souravb

Hi,
Can anybody please help me with the accounting entries that are created when we post a Purchase Invoice in Navision.

darshanm

Dr Cr

Purchase Vendor

Tax paid Vendor

Inventory Direct Cost Applied

inventory value entry will be passed based upon the
inventory setup in NAV

ar4ijs

If you want to know what entries are created, use Navigation tool from posted Invoice.

souravb

thanks to your reply.

while navigating the posted invoice is showing

stock a/c dr direct cost applied as cr

then,
purchase a/c dr
vat recoverable a/c dr
To vendor

in the above entry what is the meaning of direct cost applied a/c.
since i am new to this. kindly help me