item group- consumption acct

Dynamics 365 for Finance and Operations/AX User Forum
#1

Hello,

We have Consumption Acct in Item Group–> sales order—> consumption

Which case amount will hit this ledger acct??

Thanks

Ravi

#2

When you process a credit note against the item.

#3

Dear Ravi,

Consumption account is your cost of goods sold account.

please check and confirm if this is the right.

#4

Hi Ravi

I believe the Sales order consumption account is used during Sales order invoice posting. You might set it to your Cost of Goods Sold account. AX would debit this account with the cost of the item, whilst crediting the item’s inventory account.