Production order posting ledger Accounts

Finance and Operations/AX User Forum
1

Hi All,

After studying the Production order ledger account postings done by the system at the different stages, i found the following:

Created: No GL Entries.
Estimate: No GL Entries. Only Estimated cost can be seen in the module from View Price Calculation
Release: No GL Entries
Start: WIP (1142001) Debit by the full Product Cost (Direct + Indirect)
Credit Raw Material (1141001)
Credit Indirect Cost (62* Ledger Accounts defined in the Costing Sheet)
Report as Finish: No GL entries
End: Reverse the all entries made at the time of START stage(Point 1) and pass the following entries.

  1. WIP (1142001) Credit by the full Product Cost (Direct + Indirect)

Debit Raw Material (1141001)
Debit Indirect Cost (62* Ledger Accounts defined in the Costing Sheet)

  1. Finish Good Debit

WIP Credit

  1. WIP (1142001) Debit by the full Product Cost (Direct + Indirect)

Credit Raw Material (1141001)

Credit Indirect Cost (62* Ledger Accounts defined in the Costing Sheet)

Please can anyone confirm me whether i found it correct or wrong or missed something.

thanks in advance

2

You have to consider the entries made by the route card and picking list journal - when these are made will depend upon the process and the flushing methods. This also impacts on the indirect cost posting. Report as Finished also books in the value of the product you are making (estimated/actual depending upon the parameter.