We changed a stock item's posting class. One year later, it still uses the GL defined in the old one. Why? The item and posting class Gl accounts are defined with the new accounts. I’ve looked at the bill of material, the sales order, warehouse, location. Nothing suggests that the old accounts should be hit. This is happening for issues out of the warehouse but does not appear to affect receipts.
Answer
Changing a stock item's posting class does not seem to affect which GL accounts hit.
Best answer by bdale32
Thanks for the reply! To respond to your question, you are correct in assuming it is the asset account.
What I have learned - the asset account is “Sticky” - if you receive product in using a specific asset account then change the item’s posting class, any stock remains tied to the old asset account. New stock received will use the new account. It makes sense from an accounting standpoint.
+1
- Just for my own benefit which Accounts (inventory, Sales, COGS, PO Accrual, etc.) are being negatively impacted? If I’m reading you right, the PO Accrual is working as intended but the Inventory Account isn’t?
- Are the Use [Account] from: dropdown fields in the Posting Class profile (general tab) set to Inventory Item? If they are set to Warehouse or Posting Class, then that’s where transactions will pull accounts from.
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- Is the Override Inventory Account/Sub. checkbox selected on the GL accounts tab of the Warehouses screen? This will also impact where the accounts get pulled from.
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- I’d also look would be the Order Types (SO201000) screen. The posting settings will also dictate where accounts are being pulled from.
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- Finally, I’d check out if my Reason Codes are configured correctly and see how Inventory Issues and Receipts are impacting the GL
Hope this helps!
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Thanks for the reply! To respond to your question, you are correct in assuming it is the asset account.
What I have learned - the asset account is “Sticky” - if you receive product in using a specific asset account then change the item’s posting class, any stock remains tied to the old asset account. New stock received will use the new account. It makes sense from an accounting standpoint.
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