We have recently installed Navision and are concerned that the posting setups are incorrect for the stock transactions. Please could you advise where all of the stock transactions should go on the Chart of Accounts ( General ledger) for the following- stating whether Balance Sheet or Income/statement transactions.:- Purchase Oder, Receipt and Invoice Sales order, Dispatch and Invoice Inventory adjustments. We also use Standard Costing which can incur variances. Where should these be posted to (BS and or P/L)? Should the Goods Despatched not Invoiced and Goods Received not Invoiced GL codes be Balance Sheet or Income/Statement .
Your help would be greatly appreciated.
Jan