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Sep 15, 2014 at 03:32 PM

Goods Receipt Posting to Balance Sheet

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Hi

When we carry out a Goods Receipt, the system posts an amount dirently to the P&L. As we want to accure the cost we then journal the value out of the P&L and onto a Balance Sheet. Is it possible that we post this amount directly to the Balance Sheet to avoid the manual journal?

Here are steps we currently do:

Steps Transaction P&L B/S 1 Journal to accure cost 100 (100) 2 Goods Receipt hits same accounts as step 1 100 (100) 3 Manual journal to clear entries from step 1 100 100

thanks

Joe