Skip to main content

Notifications

Announcements

No record found.

Microsoft Dynamics NAV (Archived)

Inventory posting setup vs. General posting setup

(0) ShareShare
ReportReport
Posted on by Microsoft Employee

Hi, need help!

When set up items, you need to fill in the" Gen. Product Posting Group". I also set up "Inventory Posting Groups" which was filled in when set up item too.

And there are "General posting setup" and "Inventory Posting setup".

However, when purchased an item through PO, the G/L entry was based on the "General Posting Setup" but not "Inventory Posting Setup".

Could someone point out where is my mistake? I think I must be wrong on some important settings but I could not figure it out!

Thanks for any help!

Grace

*This post is locked for comments

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Inventory posting setup vs. General posting setup

    Thanks for all the replies, very helpful. And I did not set "Automatic Cost posting" as true. Also I reviewed background rules of NAV for item purchase, and understand what is the route now.

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Inventory posting setup vs. General posting setup

    The financial value of the transaction will post to the inventory accounts based on inventory posting setup, but will post to COGS and revenue accounts based on general posting setup.

    For complete information about inventory costing, you can see this document:

    mbs.microsoft.com/.../InventoryCostingMSDNAV2013

  • Verified answer
    mmv Profile Picture
    mmv 11,465 on at
    RE: Inventory posting setup vs. General posting setup

    Hi,

    When you make a Purchase (without discount, VAT), it will hit the Purchases Acccount which is from the General Posting Setup and also the Payables Account, which is from the Vendor Posting Groups.  So your posting is correct.

    And if the "Automatic Cost Posting" is set to true on the "Inventory Setup", the respective "Inventory Account" will also be hit based on the "Inventory Posting Group" and the "Location Code" and also the "Direct Cost Applied Account" and also the "Purchase Variance Account" from "General Posting Setup".

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Congratulations 2024 Spotlight Honorees

Kudos to all of our 2024 community stars! 🎉

Meet the Top 10 leaders for December

Congratulations to our December super stars! 🥳

Start Your Super User Journey Pt 2

Join the ranks of our community heros! 🦹

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,904 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,605 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans