Hi
Is there's Away in NAV that to out an ITEM...but Not Considered As Sales...
Our Client want to Out an Item...but Not considred as Sales...And the Amount will not got to AR account..
but to Other Expense Account:
This is the Entry must Be:
Debit= Expense Account
Credit = Inventory Account
But the Item is out to Inventory. Any Idea how to do it..? or Any suggestion Process
0
Answers
You can use a negative adjustment in a item journal.
If this item movement is posted to the G/L, the account which is debited is the "Inventory Adjmt. Account" in the "General Posting Setup", the "Inventory Account" in the "Inventory Posting Setup" for the Item's "Inventory Posting Group" is credited.
The key here is that you do not book the Sales price as expense but only COGS which is the correct accounting way.
http://ssdynamics.co.in
I tried what you have Suggested, I sell the Item 100% discount, but It Create an Credit(negative) amount to Sales Acccount..Is there a way To Zero out that..I mean no Effect In sales Account.. ](*,)