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EXPECTED COST POSTINGS

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Posted on by Abati Seun 6
Hi All,
 
I turned on expected cost posting in my inventory setup because i want to create an accrual entry at the time of receiving purchases. 
 
i am fine with the results of posting the receipts, but i have an issue with how the purchase invoice is posted thereafter.
 
 
How do i post the invoice without the "INVTPCOST" entries. I want the invoice to only recognize the first three entries i.e Debit the account that was credited on the receipt entries, debit tax and  credit the vendor. the 4 entries below are unnecessary in my opinion, please how do i prevent them from happening. They do not show when i turn off the expected cost posting in my inventory set up, but if i do that, I'm unable to recognize accruals upon receipt.
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Business Central
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 71,232 Super User 2024 Season 2 on at
    EXPECTED COST POSTINGS
    Hi, I'm not sure if this will meet your needs. You can try Purchase Journal, which has nothing to do with Item, so it won't generate "INVTPCOST" entries.
     
    Hope this helps.
    Thanks.
    ZHU
  • Suggested answer
    Valentin Castravet Profile Picture
    Valentin Castravet 23,440 Super User 2024 Season 2 on at
    EXPECTED COST POSTINGS

    That's not possible, as those four entries you’re concerned about are necessary. Without them, the entries booked to the GL would be incorrect.

    When you receive the item, the system creates two entries to post the expected cost. When the invoice is posted, those initial two entries with the expected cost are reversed, and the system posts the actual cost using the final two entries. The system needs to have a way to differentiate between expected and actual cost and that's how it does it. 

     

    Valentin Castravet
    Work: Zander ERP Services
    Blog: Dynamics 365 Business Central Insights
    LinkedIn: www.linkedin.com/in/valentin-c-0500a247/
     

  • Suggested answer
    Jun Wang Profile Picture
    Jun Wang 7,340 Super User 2024 Season 2 on at
    EXPECTED COST POSTINGS
    When expected cost posting is enabled, accrual entries are created upon receipt to record anticipated costs. These accruals are reversed automatically when the purchase is invoiced, as Business Central posts the actual costs.
     
    If expected cost posting is set to NO, accrual entries won’t be posted upon receipt. So the additional entries seen during invoicing are necessary reversals of the initial accrual, aligning with standard accounting behavior.
     
     

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