Job journal for Item GL entry missing

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Posted on by Anita75

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Hi All,

I have issued an inventory item to a job using job journal (item type line) however I cannot see the GL entry , only item and job journal available. I want to check the double entry resulting from this transaction as the inventory is now reduced. I know for time resources no entry is created. Is it the same for inventory items?

What I want to see is how this entry affects the trial balance using DR and CR accounts

Thanks

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TWBlaisdell on at

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Hello Anita75,

Thank you for posting on the Dynamics 365 Business Central Community Forum Page.

The information presented shows that an Item Ledger Entry and Value Entry are generated. That is correct. The key additional setup is in Inventory Setup. Is Automatic Cost Posting enabled and set to ON/TRUE? If it is not, then the Post Inventory Cost to G/L must be run to generate the G/L Entry and sync the Value Entry to the G/L Entries. A key thing to note with that process: If the posting is per Posting Group, a summarized G/L Entry is posted with a specified summary document number, so the Navigate will not show. If the posting is Per Entry, then the G/L Entries will show. The standard Posting for a Job Journal Usage posting for Inventory is as follows:

Debit - Inventory Adjustment Account (General Posting Setup)

Credit - Inventory (Inventory Posting Group)

The G/L Entry posting is similar to a negative adjustment through a physical journal calculation where a negative adjustment is required to adjust inventory down and expense the cost.

I hope this helps provide the required guidance. Thank you.

Best Regards

Tom

Best Regards,

Tom

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