Share
ReportGood day!
We would like to ask how to generate COS (Cost Of Sales) in Navision.
*This post is locked for comments
You’re offline. This is a read only version of the page.
Good day!
We would like to ask how to generate COS (Cost Of Sales) in Navision.
*This post is locked for comments
Learn about costing here: msdn.microsoft.com/.../hh169029(v=nav.90).aspx
Hi omfwil,
NAV calls it Cost of Good Sold (COGS), and it is recorded to the account defined in the General Posting Setup for the combination of Gen. Bus. Posting Group (which is assigned to the Customer you are selling to) and the the Gen. Prod. Posting Group (which is assigned to the Item being sold).
As different Customers may have different Ge. Bus. Posting Groups, and different Items may have different Gen. Prod. Posting Groups, you may need to set up multiple General Posting Setups, each with their own Cost of Goods Sold account.
On a side note, depending on how your setups, you may find that the Cost of Goods Sold does not post to the General Ledger immediately after posting the Sales transaction. It may require running the Post Inventory Cost to G/L "report" (periodic activity).
Or you can turn on Automatic Cost Posting from Inventory Setup. There are some considerations about how that will impact performance (depending on your volume of transactions).
I hope this helps. If my response has answered your question, please verify by clicking Yes to "Did this answer your question?"
if you mean cost accounting then goto
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,253
Super User 2024 Season 2
#2
Martin Dráb
230,188
Most Valuable Professional
#3
nmaenpaa
101,156
All responses (
Answers (