| Global Accounting Engine [message #461640] |
Sun, 20 June 2010 04:03 |
anilw640
Messages: 1
Registered: June 2010
|
Junior Member |
|
|
I'm presently working on a European Implementation for 3 entities in France, Spain & Italy where we have a requirement to implement GAE. The client is on 11. 5.10.2
As per the reference notes available on metalink
Any accounting distribution referring to an Inventory valuation account must be balanced (debit/credit) by a distribution on a transfer account known as bridging account.
Accordingly for the Deliver to Subinventory transaction along with the standard inventory accounting entrues, the additional accounting entry in AX Inventory is
Dr Material (Standard Cost)
Cr Receiving Inspection
Dr Purchase Expense (PO Price)
Cr Inventory Bridging (PO Price)
However for sales order shipment there are only standard accounting entries are created, when we did some transaction testing in an AX configured enviornment
Dr COGS (Std Cost)
Cr Material (Std Cost)
Need to validate whether for ship confirm transaction, no AX accounting entry is generated, and if yes, then at period end do we just adjust the balances in the Purchase Expense and Inventory Bridging account..
Kindly advise
|
|
|
|
] 
Blog
Search
Help
Members
Register
Login
Home
