When does a Sale in Item Journal return go to G/L ??

aleix1979
Member Posts: 213
Hi there,
I've done an Item Journal and posted it. I have my Item Ledger Entry line and my Value Entry. I see nothing though in the G/L. When is that movement supposed to be reflected in G/L ???
After all lI've done a Sale. I would expect a Inventory-to-Sale accounting movement.
Also, I can't specify a customer in the Item Journal so the lines go without customer. Can it/is it advisable to fill that source code via programming?
Although long experience in Navision, the accounting part is in part still a mistery to me.
I've done an Item Journal and posted it. I have my Item Ledger Entry line and my Value Entry. I see nothing though in the G/L. When is that movement supposed to be reflected in G/L ???
After all lI've done a Sale. I would expect a Inventory-to-Sale accounting movement.
Also, I can't specify a customer in the Item Journal so the lines go without customer. Can it/is it advisable to fill that source code via programming?
Although long experience in Navision, the accounting part is in part still a mistery to me.
Navision Developer
0
Comments
-
If the Automatic Cost Posting is turned "ON" over the inventory setup, it is posted to G/L account while posting an item transaction, else you have to run the batch "Post Inventory Cost to G/L" to post to your general ledger.
Same is followed at sales also.Regards,
Deep
India0 -
Hi,
I still not see it after running the report. And the option in Inventory Setup is ticked.
I don't know what I'm missing. On the other hand I do see a G/L Entry if I do a Sales Journal. The problem with the Sales Journal is that the Item would still be in the system since you cannot specify an Item.
I would expect the Item Journal to allow you to enter a Customer also.
Therefore, could it be that to obtain the following:
+Sales
- Customer
+COGS
- Inventory
I have to do both an Item Journal and a Sale Journal? (first line the Sales Journal, second the Item Journal). If so, why do I not see the second line in the G/L?Navision Developer0 -
Hi,
What type of operation did you post through the Item Journal?Boris
*
Please, do not frighten the ostrich,
the floor is concrete.0 -
You can see the entry type over the item journal.
Its primary use is for inventory adjustments.Regards,
Deep
India0 -
Isn't it a Sale? Why don't you post an Invoice? Or an order first and an invoice later on?
Salut!Laura Nicolàs
Author of the book Implementing Dynamics NAV 2013
Cursos Dynamics NAV (spanish) : http://clipdynamics.com/ - A new lesson released every day.0
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