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Inventory posting purchase order invoice

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Posted on by CapsLock

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Hi,

I am posting a purchase order invoice and I get two lines with zero amounts in the ledger accounts defined on these posting types highlighted in red:

Could anyone explain why or how these accounts are used?

This is my understanding so far:

* Purchase expenditure for product: PL account to identify PO invoiced amounts

* Purchase accrual: BS account to identify un-invoiced PO purchases. What is the difference then with account type "Cost of purchased materials received"?

https://exploredynamics365.home.blog/2020/05/09/inventory-transactions-posting-profile-setup-part-1-in-dynamics-365-finance-and-operations/

Thank you!

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Financial Management

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Hossein.K 6,642 on at

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RE: Inventory posting purchase order invoice

Hi,

These links explain you these concepts Purchase expenditure for product , Purchase accrual
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Ludwig Reinhard Microsoft Employee on at

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RE: Inventory posting purchase order invoice

Hi,

The accounts that you highlighted are commonly used when a PO packing slip is posted.

At the time the invoice posting is made, the packing slip posting is reversed leaving a $0 balance on those accounts.

Those accounts and that posting helps you tracking items that have been received but not invoiced, which is especially helpful for month-end / year-end closing.

Best regards,

Ludwig

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