Item Ledger Entry vs Value Entry

gulamdastagir
gulamdastagir Member Posts: 411
edited 2008-02-21 in NAV/Navision Classic Client
if anyone could tell me from experience when we are supposed to refer to the Item ledger entries and when the value entry. becasue some fields on the item table are flowfields based on the Item ledger entry table and some flowfields are based on Value Entry
Regards,

GD

Comments

  • garak
    garak Member Posts: 3,263
    the item ledger entrie will created, when an item was "moved" like shiped, pos. or neg. adj. transfer, etc.
    The value entries to an item ledger entry defines for example the inventory value. For example. Create an purch shipment, then you've create an itemledg. Entry and one value entry (basic). Then when you post this shipment in one or more invoices with other prices then new value entries will created. The value entrie are also designed for to calculate the avg. unit cost . For an better help, use the online help (F1) ;-)

    Regards
    Do you make it right, it works too!
  • NaviDev
    NaviDev Member Posts: 365
    To be more simplier, You can refer to Item Ledger Entry when it comes more to inventory and Value Entry when it comes to Costing. :mrgreen:
    Navision noob....
  • OlgaTM
    OlgaTM Member, Microsoft Employee Posts: 3
    You may find it useful to consult the Costing White Paper, which among other things explains the architecture of NAV inventory costing mechanism and relationship between Item Ledger Entries and Value Entries.
    The White Paper for 5.0 is available on PartnerSource, under Documentation->White Papers:
    https://mbs.microsoft.com/downloads/partner/Nav/50material/TechWhitePapers/InventoryCostingTechWhitePaper.pdf
  • Alex_Chow
    Alex_Chow Member Posts: 5,063
    In regards to costing, Item Ledger is used to analyze your "true cost". Value entry is used to analyze your "accounting cost".

    I actually have a BLOG post that explains this in a more simplified term than what's written in the costing manual. However, it's still left unpublished.... :(
    Confessions of a Dynamics NAV Consultant = my blog
    AP Commerce, Inc. = where I work

    Getting Started with Dynamics NAV 2013 Application Development = my book
    Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book

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