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| ID: | 11875 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Title: | Microsoft Dynamics GP Manufacturing – Accounting Transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| URL: | http://waqasb.blogspot.com/2009/12/microsoft-dynamics-gp-manufacturing_21.html | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description: |  In my previous post on Dynamics GP Manufacturing Accounts, I have explained about listing of standard accounts required to setup dynamics GP manufacturing. Extending the same topic here is the details about standard accounting entries generated from Dynamics GP Manufacturing Series. Background: The setup option considered for the accounting transactions example consists the followings. - Machine & Labor Marked Auto Back flush - Inventory Items Using Average Perpetual Summary: There are three Main Transactions from manufacturing 1. Component Transaction Entry ( Issuance Of Material ) 2. MO Receipts ( WIP ) 3. MO Receipts ( FG ) And One Additional Transaction 4. MO Closing ( In Case Of Variance ) Details: Here is the details about the above transaction types with respect to a standard process of MO Step 1: Bill Of Material Setup - No Accounting Transaction Step 2: Manufacturing Order Creation - No accounting transaction Step 3: Component Transaction Entry ( Issuance Of Material ) a) Issuance Entry
b) Reverse Issuance
Step 3: MO Receipt a) WIP For Machine & Labor
b) FG Entry
Step 4: MO Close ( In Case Of Variance)
In my coming posts, I will highlight the accounting transactions with other setup options as well. Related Reference Links:  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Category: | TIPS AND TRICKS BY MODULES: Manufacturing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Date Added: | June 17, 2010 07:06:47 PM | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Number Hits: | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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