AX 2012 PO Posting to Ledger: Explanation of Accounts on the Inventory Posting Setup. It seems that during receipt of goods and Invoice posting, there are a lot of extra accounts being used that were not used in prior releases. Does anyone have an explanation of these postings? I could not find anything in the on-line help or manuals. Besides the item model group, is there another setup that affects what accounts are used?
Example: Upon receipt of a Stock item, I would expect to hit Inventory & an accrual account (Goods received, not invoiced). What I am seeing is 4 entries instead of 2, but 2 of the entries to "Purchase expenditure, un-invoiced" net each other out, so I am not sure why they are needed.
Can I shut off posting to "Purchase expenditure, un-invoiced"
DEBIT | CREDIT |
Purchase expenditure, un-invoiced Actual cost of inventory received on PO. (Inventory received not invoiced) | Purchase Accrual: actual cost of inventory (Accrual account) |
Product receipt: Inventory value received not invoiced. (Inventory account) | Purchase expenditure, un-invoiced Actual cost of inventory received on PO. (Inventory received not invoiced) |