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Former Member
Jun 05, 2008 at 04:12 AM

2005A : tab inventory

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Dear All,

I am confusing about tab inventory fields of GLAD (G/L account determination or item group or warehouse.

Here they are:

Inventory Account

Cost of Goods Sold Account

Allocation Account

Variance Account

Price Difference Account

Negative Inventory Adjustment Acct

Inventory Offset - Decrease Account

Inventory Offset - Increase Account

Sales Returns Account

Exchange Rate Difference Account

Goods Clearing Account

G/L Decrease Account

G/L Increase Account

WIP Inventory Account

WIP Inventory Variance Account

Expense Clearing Account

My questions Are :

1. Could you please provide in what drawer should I use per each accounts defined in all the fields? e.g. inventory account is in the liabilities drawer.

2. Could you please provide what documents or forms that will use the accounts that defined in the field E.g. G/L decrease is used n the material revaluation form.

Tks so much for your kindness to answer my question correctly

Edu