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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

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Posted on by CU15100957-0

Hi ,

Can someone explain what setups are required in Business Central to book overhead expense costs separately when taking the GRN? We need to post the overhead costs to a separate general account at the time of goods receipt.

Thanks,

Rajesh

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Dynamics 365 Business Central

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Valentin Castravet 24,910 Super User 2024 Season 2 on at

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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

More specifically, what setups in Business Central are required so that the overhead costs associated with goods received are accounted for at the time of the Goods Receipt Note (GRN) and not at the invoice stage?

This is determined by the 'Expected Cost Posting to G/L' field on the Inventory Setup page. If you want the item cost plus the expected cost to be posted to the GL when receiving an item, rather than during invoicing, you need to enable expected cost.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/
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Jun Wang 7,443 Super User 2024 Season 2 on at

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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

I guess you are referring to the below field. If yes, I believe this field doesn't allow user to post indirect cost to separate account. I agree with previous comment on create a charge item for this purpose.
CU15100957-0 2 on at

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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

Hi,

I have already read the two answers below before posting this question. More specifically, what setups in Business Central are required so that the overhead costs associated with goods received are accounted for at the time of the Goods Receipt Note (GRN) and not at the invoice stage?

Thanks,

Rajesh
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Umut Dogan Koc 87 on at

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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

Hello,

Indirect cost field in item card allow you to post additional cost into value entries. It should be entered as percentage. Please check this : https://community.dynamics.com/blogs/post/?postid=c4cd198d-3a56-41a0-8d6f-b40c368835d1

However, if you need to keep that cost in a seperate g/l account, best way would be adding Charge items into purchase order with proper posting groups : https://learn.microsoft.com/en-us/dynamics365/business-central/payables-how-assign-item-charges
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Khushbu Rajvi. 4,744 on at

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Overhead Rate field ( Item card ) ( How we setup General ledger posting in the Business Central )

May be it will give you some hint: https://community.dynamics.com/forums/thread/details/?threadid=6553fb32-4db6-4890-8c86-cee1e7523327