Hello Community,
I have set up the job costing module in Dynamics BC. However i need some assistance on the accounting GL Entries (Dr/CR) GL account to set up for the following method
1) Percentage Completion method
What GL entries will happen when you consume a Item and what GL account will be used and transferred to WIP and COsts.
1) COS method
What GL entries will happen?
I need the accounting GL accounts (B./S or I/S) There are so much interim account that it is very confusing to know what is happening on the GL entries.
Grateful if someone can direct me to the Accounting entries and simple way to set up these intermediaries accounts.
Any advise and help will be highly appreciated.
Best Regards