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Dynamics 365 Community / Forums / Microsoft Dynamics NAV (Archived) / I have a scenario with...
Microsoft Dynamics NAV (Archived)

I have a scenario with a Journal Entries

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Posted on by Community Member Microsoft Employee

Consider the following:

  • 1000 @ 100 per unit items are received to the warehouse using Warehouse receipt
  • 750 items are invoiced @ 100 per unit using "Post" and "Invoice" in Purchase Order and Purchase Invoice is generated.
  • Balance 250 items are returned using Purchase Return Order.
  • Of the 750 items invoiced, 10 items were again returned using Purchase Return Order and Credit Memo is generated.

The following are the journal entries at each stage.

Date Document No. Account Name Voucher Type Debit Amount Credit Amount
18-03-15 107051 Finished Goods (Interim) Post Inventory Cost to G/L 100000  
    Inv. Adjmt. (Interim), Retail     100000
18-03-15 108048 Finished Goods (Interim) Post Inventory Cost to G/L   75000
    Inv. Adjmt. (Interim), Retail   75000  
    Finished Goods   75000  
    Direct Cost Applied, Retail     75000
18-03-15 108048 Purch., Retail - Dom. Purchases 75000  
    Bharat Products     75000
18-03-15 105006 Finished Goods (Interim) Post Inventory Cost to G/L   25000
    Inv. Adjmt. (Interim), Retail   25000  
18-03-15 109006 Finished Goods (Interim) Post Inventory Cost to G/L 10000  
    Inv. Adjmt. (Interim), Retail     10000
    Finished Goods     10000
    Direct Cost Applied, Retail   10000  
18-03-15 109006 Purch., Retail - Dom. Purchases   10000
    Bharat Products   10000  
 
  Total 380000 380000

I see the red colored entry extra..

Please guide

*This post is locked for comments

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: I have a scenario with a Journal Entries

    I figured out what the problem was.

    I need confirmation from someone too.

    The extra entry happened as the invoiced item was also returned in the same purchase order instead of two different purchase return orders.

    When I used two separate orders, the results was as follows:

    Extra entries in the earlier picture are gone :

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: I have a scenario with a Journal Entries

    Hi MMV,

    Thank you for notifying me.

    The red color ise again done

  • mmv Profile Picture
    mmv 11,465 on at
    RE: I have a scenario with a Journal Entries

    Hi Jiju,

    The red color is not visible.

    Best Regards,

    MMV

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