Posting set up for a service item?

Hi all,

I would like to know what is the difference between Receipt and Consumption for a Service item in the Setup of Item groups - Posting / Purchase order.

Can anyone explain it to me?

For a certain service item I should set up a ledger account where the cost/value of the service received should be accumulated and I am not sure if this account shoud be set up in Item group/Posting/Purchase order/ Receipt or in Item group/Posting/Purchase order/ Consumtion.

Help me!

thanks in advance!



Hi Gyuler,

The standard or usual setup of a service item is to setup the service item with an inventory model group that has the financial inventory posting checkbox disabled. If it is disabled, the ledger account in the posting field consumption is taken. If the checkbox is activated, the ledger account in the receipt-issue areas are taken. Irrespective of this setup, the service item will never have a physical stock value.

Hope it helps.