Inventory must be included or not in year end process entry?

rinki123
rinki123 Member Posts: 367
edited 2014-06-20 in NAV/Navision Classic Client
Hi Experts,


When we are posting Year End entry that process exclude inventory value(because inventory value is covered under balance sheet option in COA).Now My question is,without adding inventory value, can system show or post correct value(after running year End process) in Profit & Loss Account?
Regards,

Rinki

Comments

  • rajatkalia
    rajatkalia Member Posts: 65
    Hi,

    The corresponding effect of Inventory is available in P/L in Direct Cost Applied and COGS accounts.


    Regards,
    Rajat Kalia.
  • rinki123
    rinki123 Member Posts: 367
    rajatkalia wrote:
    Hi,

    The corresponding effect of Inventory is available in P/L in Direct Cost Applied and COGS accounts.


    Regards,
    Rajat Kalia.




    Thanks :)
    Regards,

    Rinki

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