Peculiar posting in Purchase Invoice

Anna_Florou

Hi,
I am implementing NAV 5.0 in Qatar. The customer needs to have postings in accrual accounts both when Items are received from Vendor (before invoicing) and when Items are shipped to Customer (before Invoicing). My set up on the "Inventory Set-up" is "Automatic cost posting' TRUE and "Expected Cost Posting" TRUE. Alla postings are OK except one that seems to be reduntant during Posting Purchase Invoice.

DocType G/L Acc. G/L Account Name Gen. Posting Type Amount
12108 Inventory Interim (Unbilled) 1,000.00
12102 Purchases -1,000.00
51101 Cost of Goods from Inventory 1,000.00
999993 COGS account Interim -1,000.00
Invoice 41101 Project Sales Sale -1,666.67
Invoice 12201 Customer Receivable 1,666.67


Entries on accounts 12102 and 51101 seem reduntant to the accountant.

Could any body expalin the use of it?

Thank you in advance :oops:

Anna

DaveT

Hi Anna,

This is reversing out the posting to the G/L at shipment stage. I think you need to read up on expected cost posting.

Anna_Florou

Thanks a lot. Actually I have been through the manual, but obviously I missed that one.

](*,) Anna