inventory

ashok_jana

Hi,
Please can anybody suggest me, how to provision on inventory in navision 2009. Example: Inventory valuation is Rs. 10,000.00, now user wants amount Rs. 2,000.00 will be provision at the year end i,e inventory amount will be Rs. 8,000.00.
Thanks,
Guddu

dipsy

For provision in inventory n Nav you just write down or write off the value of the inventory and this is absorbed by the cost of goods sold.
Accounting entry
Dr COGS xxx
Cr Merchandise inventory

ssingla

ashok jana wrote:

Hi,
Please can anybody suggest me, how to provision on inventory in navision 2009. Example: Inventory valuation is Rs. 10,000.00, now user wants amount Rs. 2,000.00 will be provision at the year end i,e inventory amount will be Rs. 8,000.00.
Thanks,
Guddu

Do you want a g/l entry provision or you want to reduce the value of stock. In case of later you can use Inventory Revaluation Journal.