Journal Entry in Acct Payble Ax 2012

Finance and Operations/AX User Forum
1

Hi Guys,

What journal entry system Pass starting from Purchase order

to Vendor Payment.

Thanks

Ravi

2

Journal Entries are passed based upon your Posting Profile setup for item and Vendors.

Following are the Accounting entries passed in Purchase Process

Packing Slip

Dr Packing Slip

Cr Packing Sip Offset

Invoice

Dr Inventory Receipt

Cr Vendor Account

Cr Packing Slip

Dr Packing Sip Offset

Payment

Dr Vendor Account

Cr Bank Account

These are standard entries which are passed from PO to Payment. There might be some other accounts involved like Taxes, Misc. Charges etc. based on setup.

Sachin

3

Hi Sachin,

Thanks for your reply. Could you pls tell us entries if we have to involve

Tax nd Misc charges from PO to Payment.

Thanks

Ravi