Inventory movement journal and P&L journal

Finance and Operations/AX User Forum
1

Hi,

What is the difference between Movement journal and P&L journal in AX 2009? What are the purpose for them?

Thanks,

2

Inventory journals are used for posting physical and financial inventory transactions including posting issues and receipts .

Movement and Profit/Loss inventory journals look the same.

The primary difference between the two journals is that the offsetting general ledger account can be selected in the Movement journal and Profit/Loss inventory journal not possible to select the offset account.

3

The profit and loss uses the inventory profit and loss accounts in the item group, so they are fixed, with the movement journal you can define an offset for each journal type and control the ledger entry based upon the reason by the journal chosen.