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Inventory Entries and Transfer to GL
Posted: Fri Feb 20, 2009 6:56 am
by razashahaca
Hi gurus
Can someone tell me how can I see the accounting entries regarding Inventory receipts and issuance. How can I transfer data to GL from inventory and purchasing.
Regards
SARMK
Posted: Sun Feb 22, 2009 3:33 am
by qamer.financial
dear
you can see Accounting entries in Material transaction window then click on distribution button u wil get acc.
Accounting close cycle > General ledger transfer
Posted: Sun Feb 22, 2009 11:34 am
by Erikson
You can see the Accounting Entries in GL without closing the Period by running the concurrent Program 'Create Accounting' from Purchasing Responsibility or from Cost Management Reponsibility.
Posted: Wed Feb 25, 2009 4:12 am
by razashahaca
Dear
Many thanks to your reply. I am unable to find any data in Material Distribution window. I have completed the whole transactin process from Purchase to Issue.
Posted: Thu Feb 26, 2009 5:54 am
by Erikson
Did you check in GL after running the concurrent program 'Create Accounting'?
Posted: Fri Feb 27, 2009 7:10 am
by razashahaca
Dear brother not yet, acutally i have pointed out another thing and needs some help in this regards.
In organization parameters, we have two accounts among others
1)Material Account
2)Expense account
Can you tell me about nature of expense account, Material Account is Asset account (stock in trade in may case) What about nature of expense Account?
anxiously waiting for reply
Posted: Sat Feb 28, 2009 11:00 am
by qamer.financial
hi
Dear Expense accounts as type expense only.
please check your cost Manager its running or not ?
Posted: Mon Mar 02, 2009 8:08 am
by razashahaca
Dear Brother
I have run the cost manager,its two actual cost worker completed normally, however cost manager itself is not getting completed and showing the status pending-schedueled
Regards
Posted: Mon Mar 02, 2009 8:33 am
by razashahaca
Dear brother
How to check that my inventory receipt and issuance has acutally been average out after these transactions.
Secondly how to transfer the inventory transaction record to GL
Many thanks
Posted: Mon Mar 02, 2009 8:43 am
by qamer.financial
You can transfer Inv tranx to GL
by Accounting close cylce> General Ledger transfer
then from GL Import it
Journal>Import>Run Source = Inventory, All GroupID
click Import.
Posted: Mon Mar 02, 2009 9:09 am
by razashahaca
Dear Brother Qamar
thanks for taking interest in my problem.
Can you tell me the path for the accouting cycle. Also kindly make clear is there any pre-requisit before transfering entries to GL.
Thanks
RAZA
Posted: Mon Mar 02, 2009 11:13 am
by qamer.financial
do u have Team viewer software so u can share your desktop easily.
just u need to provide the user ID & Pwd from the Team viewer.
install it & provide me
Posted: Mon Mar 02, 2009 11:52 am
by razashahaca
Dear brother
ok i am installing it
Thanks
Posted: Mon Mar 02, 2009 11:59 am
by razashahaca
AOA
Kindly check message
thanks