Re: [Axapta-Knowledge-Village] Re: ended production orders
Hi, So I think by using P/L journal you can reverse the Inventory effect and GL will be okay. But if you are having any reports that are taking in to account the Production order then you may see that there was excess production and consumption of raw materials. As far as GL is concerned you should be okay as you would pass the correcting entries. If you use P/L journal then Inventory and Inventory Profit / Loss accounts will be affected, or if you want to use Movement Journal you can book the other part of the entry to any designated GL account. Choice is what your accounting dept would like to see in the books. Hemant K - Original Message From: dj_rineer [EMAIL PROTECTED] To: Axapta-Knowledge-Village@yahoogroups.com Sent: Wednesday, March 26, 2008 9:14:18 AM Subject: [Axapta-Knowledge-Village] Re: ended production orders --- In Axapta-Knowledge- [EMAIL PROTECTED] ups.com, Hemant Kumthekar hemantdk66@ ... wrote: Yes we are on Standard cost. I do think the way to go is correcting the Inventory and GL. Yes raw materials were consumed with the excess production. Hi, Can you give details about the following 1. Costing method 2. Raw materials were also consumed or back flushed when excess production was updated may be we can rectify GL, Inventory entries. Hemant K - Original Message From: dj_rineer [EMAIL PROTECTED] To: Axapta-Knowledge- [EMAIL PROTECTED] ups.com Sent: Tuesday, March 25, 2008 8:46:27 AM Subject: [Axapta-Knowledge- Village] ended production orders I am on AX 3.0. Someone accidentally ended a production order that had too much production on it. I know you can not go back at this point and correct the original production order but is there a way to back out this excess production? _ _ _ _ _ _ __ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools. search.yahoo. com/newsearch/ category. php?category= shopping Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
[Axapta-Knowledge-Village] Re: ended production orders
Another option would be to use a BOM Journal with a negative quantity. This should then reverse all inventory postings. --- In Axapta-Knowledge-Village@yahoogroups.com, Hemant Kumthekar [EMAIL PROTECTED] wrote: Hi, So I think by using P/L journal you can reverse the Inventory effect and GL will be okay. But if you are having any reports that are taking in to account the Production order then you may see that there was excess production and consumption of raw materials. As far as GL is concerned you should be okay as you would pass the correcting entries. If you use P/L journal then Inventory and Inventory Profit / Loss accounts will be affected, or if you want to use Movement Journal you can book the other part of the entry to any designated GL account. Choice is what your accounting dept would like to see in the books. Hemant K - Original Message From: dj_rineer [EMAIL PROTECTED] To: Axapta-Knowledge-Village@yahoogroups.com Sent: Wednesday, March 26, 2008 9:14:18 AM Subject: [Axapta-Knowledge-Village] Re: ended production orders --- In Axapta-Knowledge- [EMAIL PROTECTED] ups.com, Hemant Kumthekar hemantdk66@ ... wrote: Yes we are on Standard cost. I do think the way to go is correcting the Inventory and GL. Yes raw materials were consumed with the excess production. Hi, Can you give details about the following 1. Costing method 2. Raw materials were also consumed or back flushed when excess production was updated may be we can rectify GL, Inventory entries. Hemant K - Original Message From: dj_rineer drineer@ To: Axapta-Knowledge- [EMAIL PROTECTED] ups.com Sent: Tuesday, March 25, 2008 8:46:27 AM Subject: [Axapta-Knowledge- Village] ended production orders I am on AX 3.0. Someone accidentally ended a production order that had too much production on it. I know you can not go back at this point and correct the original production order but is there a way to back out this excess production? _ _ _ _ _ _ __ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools. search.yahoo. com/newsearch/ category. php?category= shopping __ __ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
[Axapta-Knowledge-Village] Re: ended production orders
--- In Axapta-Knowledge-Village@yahoogroups.com, Hemant Kumthekar [EMAIL PROTECTED] wrote: Yes we are on Standard cost. I do think the way to go is correcting the Inventory and GL. Yes raw materials were consumed with the excess production. Hi, Can you give details about the following 1. Costing method 2. Raw materials were also consumed or back flushed when excess production was updated may be we can rectify GL, Inventory entries. Hemant K - Original Message From: dj_rineer [EMAIL PROTECTED] To: Axapta-Knowledge-Village@yahoogroups.com Sent: Tuesday, March 25, 2008 8:46:27 AM Subject: [Axapta-Knowledge-Village] ended production orders I am on AX 3.0. Someone accidentally ended a production order that had too much production on it. I know you can not go back at this point and correct the original production order but is there a way to back out this excess production? __ __ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
