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Standard Cost item Receives but does not impact G/L Account for Inventory

Posted on by 15,428
Hi
 
I created brand new item with Standard Costing. I made sure that Inventory Posting Group and Gen Prod Posting Group has the right G/L for inventory posting group and variance. But when I purchase, receive and invoice this item only post to purchase order account and nothing into inventory or variance account. 
 
I tested the same  in Coronus and posted correctly. Tried to find what I am missing without any sucess
 
Any suggestion here? 
 
Thanks
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  • MahGah Profile Picture
    MahGah 15,428 on at
    Standard Cost item Receives but does not impact G/L Account for Inventory
    Thanks 
     
    But I got stuck all setup is matching but no result
     
    Any other idea will be greatly apperciate it 
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 73,647 Super User 2024 Season 2 on at
    Standard Cost item Receives but does not impact G/L Account for Inventory
    Hi, here is a simple test I did before, maybe it can give you some hints.
     
     
    Thanks
    ZHU

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