I’ve added non-inventory items to a service order appointment. How/when are these costs posted to the GL? I see how time is posted and I can bill these transactions in AR, but I don’t see the cost impact to the GL.
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Cost from Appointments
Best answer by Laura02
Hello,
The cost of Not-Inventory items is recorded to the GL when the non-stock items are purchased, not when they are sold. Non-stock items never post to the Inventory Asset account and there is no transaction that credits the Inventory Asset and Debits COGS when these items are sold, because non-stock items are already expensed at time of purchase (whether recording the purchase of non-stock items with a PO or directly on a bill).
From Acumatica Help, PO screen:
Laura
Jeb Buddecke
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Jeb, I am assuming you figured this one out, but you can navigate to “Issues” and release the issue associated with your Appointment, then take a look at the Journal Transactions from there.
- John
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+19Hello,
The cost of Not-Inventory items is recorded to the GL when the non-stock items are purchased, not when they are sold. Non-stock items never post to the Inventory Asset account and there is no transaction that credits the Inventory Asset and Debits COGS when these items are sold, because non-stock items are already expensed at time of purchase (whether recording the purchase of non-stock items with a PO or directly on a bill).
From Acumatica Help, PO screen:
Laura
Laura ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
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