Need help from experts NAV here. We are using NAV 2009 SP1 Classic Client.
The scenario is like this:
1. Purchase 3 Items A at $10 on 10th Jan 2015
2. Sell 2 Items A on 15th Jan 2015. The Cost Amount (Actual) counted as $6.66.
3. Sell 1 Item A on 25th Feb 2015. The Cost Amount (Actual) counted as $3.33.
I have set Inventory Setup to Automatic Cost Adjust to Always and Enable Automatic Cost Posting. General Ledger Setup Inv. Rounding Precision is set to 0.01. Allowed Posting Date Range for G/L Setup and Users are set to 01/01/2015 to 31/12/2015.
Now the system is smart enough to notice that $0.01 difference in Cost Amount (Actual) and post a rounding difference for the purchase cost in step #1 based on posting date 10th Jan 2015. All looks fine clean here.
The problem comes when I am trying to restrict posting date, closing our posting date range for January. Now the Allowed Posting Date Range for G/L Setup and Users are set to 01/02/2015 to 28/02/2015. In this case, when user is posting the sales on step#3, user will encounter issue with Posting Date is not within range as I understand NAV is trying to post the rounding entry of $0.01 for the purchase. Read from the available post, there is a way to close the Inventory Period for January, and the rounding entry of $0.01 will have posting date 01/02/2015. But this may cause more problem for my company if there is cost adjustment not yet posted to the January entry, getting posted in the wrong month. in which case, I will open the posting date range for user.
Is there any way to setup NAV to post the rounding entry of $0.01 for the Sales instead, meaning to post a rounding entry in step#3 dated 25th Feb 2015? I find it is neater if the system works this way, I may have missed out the proper setting here. Thanks in advance![:)]( ":)")
The scenario is like this:
1. Purchase 3 Items A at $10 on 10th Jan 2015
2. Sell 2 Items A on 15th Jan 2015. The Cost Amount (Actual) counted as $6.66.
3. Sell 1 Item A on 25th Feb 2015. The Cost Amount (Actual) counted as $3.33.
I have set Inventory Setup to Automatic Cost Adjust to Always and Enable Automatic Cost Posting. General Ledger Setup Inv. Rounding Precision is set to 0.01. Allowed Posting Date Range for G/L Setup and Users are set to 01/01/2015 to 31/12/2015.
Now the system is smart enough to notice that $0.01 difference in Cost Amount (Actual) and post a rounding difference for the purchase cost in step #1 based on posting date 10th Jan 2015. All looks fine clean here.
The problem comes when I am trying to restrict posting date, closing our posting date range for January. Now the Allowed Posting Date Range for G/L Setup and Users are set to 01/02/2015 to 28/02/2015. In this case, when user is posting the sales on step#3, user will encounter issue with Posting Date is not within range as I understand NAV is trying to post the rounding entry of $0.01 for the purchase. Read from the available post, there is a way to close the Inventory Period for January, and the rounding entry of $0.01 will have posting date 01/02/2015. But this may cause more problem for my company if there is cost adjustment not yet posted to the January entry, getting posted in the wrong month. in which case, I will open the posting date range for user.
Is there any way to setup NAV to post the rounding entry of $0.01 for the Sales instead, meaning to post a rounding entry in step#3 dated 25th Feb 2015? I find it is neater if the system works this way, I may have missed out the proper setting here. Thanks in advance
