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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Item model group_Ledge...
Microsoft Dynamics AX (Archived)

Item model group_Ledger integration

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Posted on by Hossein.K 6,648

Hi guys,

What is the concept of "Post physical inventory","Post financial inventory","Post to Deffered Revenue Account On Sales Delivery","Accrue liability on product receipt" in Item model groups?

What is the effect of this tick in process of financial?

Please share your idea if this tick affect in Financial and give an example?

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  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hello Hossein,

    Please have a look at the MS docs sites and the dynamics learning portal.

    You will find good explanations and examples on those parameters there.

    Best regards,

    Ludwig

    P.S. Next time, please do not split related threads into multiple especially if you refer to the same form. Thanks.

  • Hossein.K Profile Picture
    Hossein.K 6,648 on at

    Hi Ludwig,

    Can you give me practical example?

    Because of the importance of the subject,I do split them.

  • Suggested answer
    Community Member Profile Picture
    Community Member on at

    1."Post physical inventory" - when do the product receipt ERP will post the intrim journal entries for receipt of inventory and accrued liability, when this option is flaged automatically (4th)  option-"Accrue liability on product receipt" will be flaged, if your organisation dont want accrue liability on product receipt you can unflag this option. (If 1 & 4 option is flaged totall four journal entries will pass , If 1st option is flaged and 4th option is unflaged only two ournal entries wiil be passed)

    2."post financial inventory" - If this option is flaged then financial journal entries will be passed on invoicing the PO. If unflaged ERP will not pass any journal entries upon invoicing the po or so

    3."Post to Deffered Revenue Account On Sales Delivery" - If this option is flaged ERP will passs journal entries for accrued revenue when packing slip is confirmed .(very rarely used, as it against the accounting principles)

    4. "Accrue liability on product receipt" - I already expalined it in 1st option.

  • Hossein.K Profile Picture
    Hossein.K 6,648 on at

    Thanks KARTHIK for your response.

  • Hossein.K Profile Picture
    Hossein.K 6,648 on at

    Thanks Crispin for your response.

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