Inventory Type GL Config

Owned by Amanda Thomas
Aug 25, 2021
3 min read

Sales G/L account

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the sale account that should be assigned to the current product for the company and division that have been selected. This is the account that will be used to post G/L transactions generated by sales of this product.



Inventory G/L Account

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the inventory account that should be assigned to the current product for the company and division that have been selected. This is the account that will be used to post G/L transactions generated by inventory transactions for this product.

 

Inter-Company Sales G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the intercompany sales account that should be assigned to the current product for the company and division that have been selected. This is the account that will be used to post G/L transactions generated by intercompany sales transactions for this product.



Inter-Division Sales G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the inter-division sales account that should be assigned to the current product for the company and division that have been selected. This is the account that will be used to post G/L transactions generated by inter-division sales transactions for this product.



Cost of Goods G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the COGS account that should be assigned to the current product for the company and division that has been selected. This is the account that will be used to post G/L transactions generated by Inventory Allocation for Sales of this product.

 

Adjustment G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the Inventory Change account that should be assigned to the current product for the company and division that has been selected. This is the account that will be used to post G/L transactions generated by Inventory Transactions Related to Inventory Adjustments, Physicals and Usage for this product.

 

Production G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the Production Wash account that should be assigned to the current product for the company and division that has been selected. This is the account that will be used to post G/L transactions generated by Work Order Generation for this product. Ingredients will credit Inventory and debit this account then the Finished Goods will credit this account and debit Finished Goods Inventory.

 

Inter-Company Transfer G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the inter-company transfer account that should be assigned to the current product for the company and division that has been selected. This is the account that will be used to post G/L transactions generated by Inventory Transfers between Companies for this product.

 

Inter-Division Transfer G/L

This option allows the user to either select from the dropdown listing or click on the elliptical search button to locate the inter-division transfer account that should be assigned to the current product for the company and division that have been selected. This is the account that will be used to post G/L transactions generated by Transfers between Divisions of the same Company for this product.