Production financial inventory postings in T accounts in Microsoft Dynamics 365 Supply Chain Management

Rahul Mohta

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Continuing from Production physical inventory postings from

Production financial inventory postings in T accounts in Microsoft Dynamics 365 Supply Chain Management

When production order is ended then below account entries are expected.

1) Financial Transaction with Physical Transaction Reversals

Picking list raw material @ inventory cost

Reference	Account Number	Amount	Reference	Account Number	Amount

V1	Estimated cost of materials consumed	1.41	V1	Estimated cost of materials consumed, WIP	1.41
	3504			3507
	Clearing reversal			Clearing reversal
	Item group posting & item price			Item group posting & item price

Picking list semi-finished @ inventory cost

Reference	Account Number	Amount	Reference	Account Number	Amount

V2	Estimated cost of materials consumed		V2	Estimated cost of materials consumed, WIP
	3504			3507
	Clearing reversal			Clearing reversal
	Item group posting & item price			Item group posting & item price

Route @ resource cost

Reference	Account Number	Amount	Reference	Account Number	Amount

V3	Estimated manufacturing cost absorbed	100	V3	Estimated manufacturing cost absorbed, WIP	100
	7010			7020
	Clearing reversal			Clearing reversal
	Resource posting & cost category			Resource posting & cost category

Indirect cost - material overhead

Reference	Account Number	Amount	Reference	Account Number	Amount

V11	Estimated indirect cost absorbed	0.1	V11	Estimated cost of indirect cost consumed, WIP	0.1
	5075			7010
	Clearing reversal			Clearing reversal
	Refer costing sheet for accounts (material overhead)			Refer costing sheet for accounts (material overhead)

Indirect cost - material overhead

Reference	Account Number	Amount	Reference	Account Number	Amount

V22	Estimated indirect cost absorbed		V22	Estimated indirect cost absorbed, WIP
	5075			7010
	Clearing reversal			Clearing reversal
	Refer costing sheet for accounts (material overhead)			Refer costing sheet for accounts (material overhead)

Indirect cost - labor overhead

Reference	Account Number	Amount	Reference	Account Number	Amount

V33	Estimated indirect cost absorbed	144	V33	Estimated indirect cost absorbed, WIP	144
	5075			7010
	Clearing reversal			Clearing reversal
	Refer costing sheet for accounts (labor overhead)			Refer costing sheet for accounts (labor overhead)

Report as finished @ inventory cost of item

Reference	Account Number	Amount	Reference	Account Number	Amount

V4	Estimated manufactured cost, WIP	0.12	V4	Estimated manufactured cost	0.12
	3707			3519
	Clearing reversal			Clearing reversal
	Item group posting & item price			Item group posting & item price

Production order end

Reference	Account Number	Amount	Reference	Account Number	Amount

Final material	Cost of materials consumed, WIP	1.41	Final material	Cost of materials consumed	1.41
	3708			1556
	WIP			RM inventory account in Asset (Balance sheet)


Final labor	Cost of manufacturing consumed, WIP	100	Final labor	Manufacturing cost absorbed	100
	3708			7020
	WIP			Mfg cost in profit and loss


Final indirect	Cost of indirect cost consumed, WIP	144.1	Final indirect	Indirect cost absorbed	144.1
	3078			5075
	WIP			Indirect cost in profit and loss


Final WIP	Manufactured cost	245.51	Final FG	Manufactured cost, WIP	245.51
	1557			3708

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