Periodic Inventory Costing Problems

[Former Member]

hi experts,

After i have set the periodic inventory costing under Company Details, there is no accounting impact on inventory anymore. e.g. No Journal Entry will be created after Goods Receipt PO.

However, once I want to create a Purchase Invoice, an error message " G/L account is missing" comes out.

So, I cant add any Purchase or Sales Invoice.

Is this related to periodic inventory costing ?

I have fully set up G/L Account Determination. But still pop up this error.

Pls help , thx.

[Former Member · Accepted solution]

Have you set account for freight?

Thanks,

Gordon

[Former Member · Accepted solution]

i have set the freight account.

but still pop up G/L accounting is missing ?

[Former Member · Accepted solution]

Hi,

Check the G/L account determination of the Warehouse you have mentioned in the invoice.

Check all the accounts of the warehouse defined in invoice.

Regards.

ShriX.

[Former Member · Accepted solution]

really thx for ur suggestions.

i am so careless of it. thanks.