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Small and medium business | Business Central, N...
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Generate GL Entries that allocate costs from one Cost Center/GL Combo to another?

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Hello,  we have recently installed BC at our Winery.  We currently have Farming Costs hitting a series of GL accounts that are recorded in Cost Centers based on specific vineyards (7010 - Napa Valley Vineyard).  At the end of the month, once all costs are captured in that Vineyard Cost Center, we calculate the total expenses (net income line) that hit the Cost Center, record a credit in an Allocation-to-inventory account at that cost center, and Debit a Crops-in-progress account on our balance sheet.  

The system we moved from, had the ability to automatically calculate and post this entry for us.  Is there something similar available in BC?  Or can someone give me other ideas on how to accomplish a similar process?  

Are there other ways of capturing the costs that roll into inventory than what I've outlined here?

  • Suggested answer
    Inge M. Bruvik Profile Picture
    1,029 Moderator on at
    RE: Generate GL Entries that allocate costs from one Cost Center/GL Combo to another?

    I can't think of any standard features that will fully cover your needs. You should discuss this with your partner and evaluate if you should have some functionality for this customized or have your partner help you check available app source apps that might cover your functional requirements.

  • Suggested answer
    Amit Baru Profile Picture
    3,029 on at
    RE: Generate GL Entries that allocate costs from one Cost Center/GL Combo to another?

    Hi,

    You do this manually or develop logic as per the requirement

    Regards

    Amit Sharma

    www.erpconsultors.com

  • Suggested answer
    Alessandro Vannini 1 Profile Picture
    on at
    RE: Generate GL Entries that allocate costs from one Cost Center/GL Combo to another?

    Hello

    in BC standard there is not this capability, you can try to check if exist some add-on that makes it or you need to create your own development

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