Microsoft Dynamics AX (Archived)

Accounting Entries with Dimension for Transfer Order

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Posted on by Yin Mon Pyone

Dear Master,

I would like to ask for our account entries of Transfer order.

Our Item posting setup are as follows.

issue - Inventory Main account

receipt- Inventory Main Account

Inter-unit payable - Inventory temp account

Inter-unit receivable - Inventory temp account

Our company account entries after posting Transfer Order shipped and received are as follow.

Eg- transfer from 1101 (Division Dimension) to 2201 (Division Dimension)

When shipped,

Dr Inventory temp account -1101----

Cr Inventory main account -1101----

Dr Inventory main account -9999----

Cr Inventory temp account-9999----

When received,

Dr Inventory main account -2201----

Cr Inventory temp account -2201----

Dr Inventory temp account -9999----

Cr Inventory main account-9999----

Problem is red colour double entry are inventory temp account and due to different dimension , inventory temp account are not knocked off at dimension level.

how to solve it and is it the standard double entry? is there any setup needs to be changed ?

Thank You.

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Ludwig Reinhard on at

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RE: Accounting Entries with Dimension for Transfer Order

Hi,

Is it an option setting up a fixed financial dimension value at the inventory temp account?

You can do that in the chart of account.

Wouldn't that solve your issue?

Best regards,

Ludwig
Yin Mon Pyone on at

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RE: Accounting Entries with Dimension for Transfer Order

Hi Dr Ludwig,

Yes Financial dimension is mandatory.

Inventory Temp account is not only used for Transfer Order. It is also used when doing Purchase order posting

Eg.

upon good receiving , Dr Inventory Temp Account Cr Vendor Temp Account

Upon invoicing, Dr Vendor Temp Account Cr Inventory Temp Account

Dr Inventory Main Account Cr Vendor Main Account

if we do changes on Inventory Temp account, it can impact to Purchase entry.

ThanK You.
Suggested answer

Ludwig Reinhard on at

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RE: Accounting Entries with Dimension for Transfer Order

Hello Yin Mon Pyone,

I see.

In this case a possible solution is using a separate account for inventory transfers and a different one for purchase entries.

Doing that allows you making use of the fixed financial dimension entry and overcoming the problem.

Would be great if you could test this in a demo/test environment and let us know if this fixed your issue.

Many thanks and best regards,

Ludwig
Yin Mon Pyone on at

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RE: Accounting Entries with Dimension for Transfer Order

Hi Ludwig,

Thanks for your attention and reply to my question.

If a separate account needs to be created, may I know where is the setup for separate account for TO.
Suggested answer

Ludwig Reinhard on at

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RE: Accounting Entries with Dimension for Transfer Order

Hi,

The setup can be found in the inventory module under setup / posting/posting in the inventory tab.

Best regards

Ludwig

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Accounting Entries with Dimension for Transfer Order

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