Purchase Order Loaded onto a Balance Sheet Account

(0) Share

Report

Posted on by Community Member

Good Day,

I have a non-stock service item used in AX which I want purchased directly into a balance sheet account. I set-up the Item model group and posting profile containing the relevant balance sheet account. However when loading the purchase order under the line details-->Setup tab, the ledger account under the posting heading is not defaulting as it normally does. I then manually select the relevant ledger account and when trying to submit get the following error:

One or more accounting distributions is missing a ledger account. Use the Accounting distribution form or the Posting profile to update the ledger account.

Not sure what is causing this though. Can somebody please help.

I have the same question (0)

All responses (3)

Answers (1)

Verified answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hello gmaasz,

If you open the accounting distribution form from the PO line, can you identify what account /findim is missing?

Most probably a setup in the inventory posting matrix under inventory/setup/posting/posting is missing. Please check the purchase tab in this form and the purchase expenditure for expense section.

Many thanks,

Ludwig

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report

The account is listed in each one of the posting profiles under the purchase order tab so I don;t think that is the cause of the issue.

Was this reply helpful? Yes No
Suggested answer

MauricioSaldana on at

Like (0)

Report

Hi gmaasz,

As mentioned by Ludwig the account you need to setup is purchase expenditure for expense.

You are showing the purchase for expenditure un-invoiced on the image, which is the account used when posting a product receipt, are you trying to post a receipt?

Regards

Mauricio

Was this reply helpful? Yes No