Like
Share
ReportEnterprise Resource Planning applications make financial entries more easier where make the transaction in the sub-module and voucher entry created and posted automatically. The integration points in MS Dynamics AX 2009 called Posting Profiles where identify which ledger account will be hitting after posting transaction. Below a summarization of all automatic GL entries occurred in Account Receivables module (Commercial) showing the financial effect for each transaction
| Financial entries effect os Commercial | |
| Packing Slip | Dr. AR Clearing Account |
| Cr. Inventory Clearing Account (issue) |
|
| Invoice | Dr. Inventory Clearing Account (issue) |
| Cr. AR Clearing Account | |
| Dr. COGS | |
| Cr. Inventory (sales order issue) | |
| Dr. AR Account | |
| Cr. Sales (Revenue) | |
| Payment | Dr. Bank Account |
| Cr. AR Account | |
| Discount | Dr. Sales Discount Account |
| Cr. AR Account | |
| Counting (-) | Dr. Inventory Adjustment (Loss) |
| Cr. Inventory (Issue) | |
| Adjustment closing (-) |
Dr. Inventory (Issue) |
| Cr.COGS | |
| Misc.Charges | Dr. AR Account (sale amount + Misc.Charges) |
| Cr. Inventory (issue) sales amount + Misc.Charges | |
| Misc.Charges | Dr. AR Account (purchase amount) |
| Dr.Receivable Account (Misc.Charges amount) | |
| Cr. Inventory (issue) sales amount | |
| Cr. Inventory (issue) Mic.Charges amount | |
| Commsion | Dr. Sales Commsion |
| Cr.Sales Commsion Payable | |
*This post is locked for comments