Open the Assisted G/L Expected Cost Posting Setup page, and follow the wizard steps to set up the app.
Purchases & Payables Setup
Tick G/L Expected Cost Posting on the Purchases & Payables Setup page to enabled this feature in the current company.
General Posting Setup
For the relevant General Product Posting Groups, select an account on the G/L Expense Accrual Acc. (Interim) field to specify the expected cost accrual entries are posted to.
Initialising G/L Expected Cost Ledger Entries
You can run a report to create expected cost ledger entries for all existing purchase orders with a G/L Account line for the current company. You will need to run this for each company if you have multiple companies in your Business Central environment.
Note: If you already ran this report once, the report will delete the existing expected cost ledger entries and recreate them.
Notes & other improvements
- G/L Expected Cost Posting is not dependent on Expected Cost Posting to G/L in the Inventory Setup page.
- Standard Business Central does not allow Undo Receipt for G/L Account lines. G/L Expected Cost Posting will allow this.
- G/L Expected Cost Posting works with Service & Non-Inventory items.
