Problem in Purchase Invoice print report.........

Madhavi_Pandey
Madhavi_Pandey Member Posts: 124
edited 2010-08-14 in NAV/Navision Classic Client
Hi Experts,


When i post an Purchase Invoice and show its entry, print voucher report it will show double debit and double credit,why its happening?????Why double amount are coming?????


Purchase of Component A/C......Dr 2000
Component A/C......Dr 2000
To Party's Account(Vendor A/C) 2000
To Direct cost Appiled Account 2000( total will be 4000 which is not correct)
(Being..................................................)
I think the possible reason is two setup one is for Inventory(Item) account and 2nd is for Purchase Leger account.Can we stop posting in Inventory(Component) account and Direct cost Appiled Account,i want only single debit and single credit..................

Purchase of Component A/C......Dr 2000
To Party's Account(Vendor A/C) 2000
Suggest me the solution,thanks in advance :)
(Being..................................................)
Madhavi Pandey.

Comments

  • j.marselo
    j.marselo Member Posts: 102
    debit to Purchase account is an expense. credit to direct cost applied account is also expense.
    purchase and direct cost applied accounts are knocking-off

    the actual lines are Debit to Inventory (you wrote as 'component a/c') and Credit to Vendor Payable (you wrote as 'party's account (vendor a/c) )
    Kind regards, Joe Marselo | see my NAV blog joemarselo.wordpress.com | twitter @joemarselo
  • ssingla
    ssingla Member Posts: 2,973
    Mark "Automatic Cost Posting" boolean as false in the Inventory Setup.

    P.S. Discuss with Finance team of client and your seniors (Functional Consultant - Finance) before you make the mod.
    CA Sandeep Singla
    http://ssdynamics.co.in

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