Ledger postings in MS Dynamics AX 2009

PS stands for packing slip

PSO stands for packing slip offset

Ledger postings for sales order:

1.packing slip:                                                                                      Credit             Debit                       

 Inventory clearing … shipped, Un invoiced (PS)…………. Cr

Account Receivable clearing (PSO)………………………………………….……….Dr

2.Sales Invoice:

Inventory clearing … shipped, Un invoiced (PS)……………………………….Dr

Account Receivable clearing (PSO)………………………………..Cr

Sales order (inventory) Issue………………………………….……..Cr

Sales order (Inventory) consumption……….........................................Dr

Customer balance………………………………………………..............................Dr

Revenue………………………………………………………………........Cr              

3.payment:        

Bank or cash…………………………………………………………………….................Dr

Customer Balance…………………………………………………….....Cr

Ledger postings for purchase order:

1. Packing slip:

Inventory clearing…Received (PS)……………………………………………………Dr    

Accounts Payable clearing (PSO)……………………………………Cr

2.Purchase Invoice:

Inventory clearing…Received (PS)…………………………………Cr

Accounts Payable clearing…………………………………………………………….Dr

Purchase Receipt…………………………………………………………………………….Dr

Vendor Balance…………………………………………………………….Cr

3.payment:        

Vendor Balance……………………………………………………………………………….Dr

Bank or cash………………………………………………………………….Cr