Posting on item journal not hitting COGS Account

Freaky

Hey Guys, please am using the item journal to post a sales transaction but after posting, the amount does not hit the COGS Account in the General Ledger-Chart of Accounts. I have already specified the account in the posting setup. Does anyone know what the problem is?

Thanks in advance.

Yashojit_Pandhare

Hi,

1. In the Product Posting Group Ensure you have Selected right COGS account for the Product Group and Gen. Bus. Posting Group you are making transaction for.
2. Ensure that while Creating Item Journal you have selected the field: Entry Type = Sale

Regards.

Freaky

I had to check mark the "Automatic Cost Posting function" field in the inventory setup table. Thanks though.

Alex_Chow

RUN THE ADJUST COST ITEM ENTRIES PROCESS.

Freaky

Thank you!

Alex_Chow

Good time to bring this up:

http://www.dynamicsnavconsultant.com/20 ... -is-wrong/