Skip to main content

Notifications

Microsoft Dynamics SL (Archived)

ASK - LC clearing account - where this account will affect

(0) ShareShare
ReportReport
Posted on by 3,205

Hi there,

need help. I'm just add module LC for our SL. while trial, I see there is an account "clearing account" in Landed Cost.

I tried to make voucher and add LC. when I check on GL trans, In trans, AP trans and PO trans, there is no record for account "Clearing account".

1. where this account goes?

2. how this account affect to other transaction.

I made trial on SL 6.0 sp1, SL 6.5, and SL 2011. is there any different between those versions? if yes, please kindly explain me.

thanks in advance.

*This post is locked for comments

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: ASK - LC clearing account - where this account will affect

    Hi Rodi

    Thanks for your confirmation. Question is still open so please verify the answer.

    Thanks

  • rodi Profile Picture
    rodi 3,205 on at
    RE: ASK - LC clearing account - where this account will affect

    hi,

    thanks for answer. yes clear now :)

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: ASK - LC clearing account - where this account will affect

    Hi RODI

    During Receipts/Invoice Entry batch release process, system will create PO receipt journal entry for invoice purpose and  Inventory Adjustment Batch.

    Please find below the accounting impact for both PO Receipt & Inventory Adjustment batch

    PO Receipt batch:

    Dr Inventory

    Cr                     Accrued Purchase

    Inventory Adjustment batch:

    Dr Inventory

    Cr                     Reason code Acct (specified in the Landed Cost Codes screen)

    Hope you got the clear picture now.

    Thanks

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Announcing Category Subscriptions!

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Verified Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,359 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,370 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans