Cost Accounting Transactions from Goods Receipts
Providing you have followed the steps on
this page (in particular, steps 1 and 6), a Nominal Ledger Transaction will be created each time you
approve a Goods Receipt. No cost model will be used: the values posted will be taken directly from the Goods Receipt record.
The Purchase Accruals Account credited by such Transactions is determined as follows:
- The Purchase Accruals Account from flip E of the Goods Receipt is used. If you created the Goods Receipt from a Purchase Order and if you are using the Transfer Account to Goods Receipt option in the Purchase Order Settings setting, this Account will be the Purchase Accruals Account from flip B of the relevant Purchase Order row.
If you created the Goods Receipt using the 'Stocktaking Comparison' Maintenance function, the default Account will depend on the Type of the Location. If the Type is "Other", it will be the Stock Gain Account from the Account Usage Stock setting. If the Type is "Production", if the Item belongs to an Item Group and if you are using the Use Item Groups for Cost Accounts option in the Cost Accounting setting, it will be the Usage Variance Account in the Item Group. Otherwise, it will be taken from the Account Usage Stock setting.
In all other cases (i.e. if you enter a Goods Receipt directly to the Goods Receipt register), it will be chosen using steps 2 and 3 below.
- If you are using the Use Item Groups for Cost Accounts option in the Cost Accounting setting, the Purchase Accruals Account for the Item Group to which the Item belongs will be credited.
- In all other cases, the Purchase Accruals Account on the 'Purchase Cost' card of the Account Usage Stock setting will be credited.
In all cases, the appropriate Purchase Accruals Account for the Zone of the Supplier will be used.
The Stock Account debited by such Transactions is determined as follows:
- The Stock Account from flip E of the Goods Receipt is used. This is given a default value chosen using steps 2, 3 and 4 below.
- The Stock Account for the specified Location will be debited.
- If this is blank, or if you have not specified a Location, and if you are using the Use Item Groups for Cost Accounts option in the Cost Accounting setting, the Stock Account for the Item Group to which the Item belongs will be debited.
- If this is blank, the Item does not belong to an Item Group or you are not using the Use Item Groups for Cost Accounts option, the Stock Account in the Account Usage Stock setting will be debited.
