Microsoft Dynamics NAV (Archived)

Adjust cost

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Posted on by Community Member

Hi Experts,

What is the use of adjust cost-item entries? I am new in dynamics Nav, please help.

Thanks

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Paras mehan 3,518 on at

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RE: Adjust cost

Hi,

Please give a look to mentioned link: docs.microsoft.com/.../hh169387(v=nav.90)

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Community Member on at

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RE: Adjust cost

Hi Paras,

Thanks for response, then what is the use of inventory cost post to GL?

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Paras mehan 3,518 on at

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RE: Adjust cost

Give a look: docs.microsoft.com/.../hh172127(v=nav.90)

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Paras mehan 3,518 on at

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RE: Adjust cost

Also give a look on this: community.dynamics.com/.../270990

this suggestion is with example.

i think it will clear all your doubts.

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Community Member on at

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RE: Adjust cost

Hi,

Thanks a lot for good referral. it really helps.

Now I have one doubt.

What will happen if mark yes on expected cost posting to GL in inventory setup?

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Paras mehan 3,518 on at

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RE: Adjust cost

Have a look:

www.archerpoint.com/.../understanding-expected-cost-posting-microsoft-dynamics-nav

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CDsilva 4,188 on at

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RE: Adjust cost

Hi,

With Expected Cost Posting to G/L ‘enabled’:

When we use the “Post > Receive” action on a Purchase Order, NAV posts entries to the expected/interim accounts in the General Ledger based on the $ amounts that we have entered on the Purchase Order lines.

Later, when the invoice arrives, we use the “Post > Invoice” action on the same Purchase Order, and NAV reverses the expected entries in the G/L, and books the final entries to the appropriate G/L accounts. If the amounts in the Purchase Line have been changed / updated because the vendor has charged more or less than originally anticipated, the final entries posted to the G/L use these amounts.

With Expected Cost Posting to G/L ‘disabled’:

No entries are posted to the expected/interim accounts in the General Ledger when goods are received. NAV only posts entries to the General Ledger when we get the invoice from the vendor and use the “Post > Invoice” action on the Purchase Order.

Note: If we use Expected Cost Posting, we must have the appropriate requisite G/L accounts selected in the Posting Setups in NAV.

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