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General Ledger Entries

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Posted on by James_Oliver

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Morning Everyone,

When i Post a purchase invoice the following entries are made which includes an entry going into the purchase price variance account.

But when I create a credit memo for the same invoice, the reversing entries doesnot credit the purchase variance.

Does anyone have a solution that how can I get my reversing entries hit the exact same account where the amounts went while invoicing.

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Jun Wang 8,202 Super User 2025 Season 2 on at

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To me, the reversal was done correctly. the actual cost is 1025, which shows on the second screenshot.

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Valentin Castravet 31,505 Super User 2025 Season 2 on at

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How are you creating the credit memo? Are you manually adding a line with the item, or are you using built-in system functions like 'Get Posted Document Lines to Reverse' in the Credit Memo or 'Create Corrective Credit Memo' from a posted purchase invoice?

Using any of these functions ensures that the system creates G/L entries that match the exact accounts used during invoicing. I double checked to ensure it working, and my credit memo had entries to reverse the variance.

In your example, while the amounts may be correct, it can create the appearance of a purchase variance that doesn’t actually exist.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/

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Ahmad Subhani 585 on at

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Use the Feature

"Get Posted Lines to Reverses"

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Gerardo Rentería Ga... 25,373 Most Valuable Professional on at

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Hi

I hope this can help you and give you some hints:

Process returns or cancellations - Business Central | Microsoft Learn

Exact cost reversing Function in Sales & Receivable Setup | Dynamics 365 Business Central

Apply Exact Cost Reversing | Business Central Training Centre

Best

GR

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YUN ZHU 95,748 Super User 2025 Season 2 on at

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Hi, If you are strict about your reverse process, you may consider enabling the option below.

Hope this helps.

Thanks.

ZHU

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