Posting Cost Adjustment entries on the current month

Dr_mjh

Hi Everyone,

For clients that close their accounting period monthly. The system makes cost adjustment entries with the original entries date which is usually not in the current month and this makes a problem becasue they usually have issued thair financial statements and when you post the adjustment entries you will change what you have in your financial statement and this is not logic. Please advice.

Thank you all for your cooperation.
Best Regards

kine

Offer the upgrade to NAV 5.0, where you can close the Inventory posting period too and the adjust cost batches are prepared for that...

cernst

If you in general ledger setup the field "Allow posting from" change to the first date in the new month then the adjust cost job won't make any adjustments earlier then this date.
This means that adjustments regarding transactions in previous period will be adjusted on todays date.

ara3n

noname wrote:

If you in general ledger setup the field "Allow posting from" change to the first date in the new month then the adjust cost job won't make any adjustments earlier then this date.
This means that adjustments regarding transactions in previous period will be adjusted on todays date.

This was released in 3.7 B.

If you are in earlier version you can copy that part of the code to 3.7 or 3.6.
I've done if for a client in 3.6.

cernst

In hotfix no. 38 for version 3.60 this function is include so you don't need to "downgrade" 3.70B functionallity.

Dr_mjh

Thank you all for your replies.
However, the restriction on posting date is not the solution unless there is a way to change the cost adjustment posting date do you know how to change the posting date?

For the inventory period actually it is quiete the same concept above however it will not post becasue the inventory period is already closed thus nothing can be posted into the period unless you reopen it and here I have the same question as above do you know how to change the cost adjustment posting date?

Thank you all for your cooperation.
Best Regards

ara3n

I think everybody above have been telling you that that the solution is available for changing the posting date.

Dr_mjh

Thank you for your reply.

I know that they are telling me that but I'm asking how to do it?

Best Regards

ara3n

You need get everything upto hotfix 38 as mentioned above merge it with your version of the database.


I suggest to get an experienced developer to do it.

Dr_mjh

Thank you for your reply.

what about version 5.0? how can we do it in V: 5.0

Best Regards

ara3n

In version 5, they have enhanced even further, you have now what's called inventory Period and you can define the dates that it can hit gl for closed periods.

Dr_mjh

Thank you for your reply.

Very well, but how can I define a date for posting to G/L?

Best Regards