Inventory expense items - no accounting entry generated when received in inventory
Summary:
Inventory expense items - no accounting entry generated when received in inventory
Content (please ensure you mask any confidential information):
We have items setup as costed =N, inventory asset value =N.
Inventory, Stockable and Transactable as Y
When such item is received on a PO, we see below accounting entry.
Dr Receiving Inspection
Cr. Accrual
Receipt routing is Direct.
We don't see Dr. PO charge account (expense) and Cr. Receiving Inspection
Therefore the receiving inspection account never gets cleared out.
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