Goods Purchase

Posting invoice received is a bit more complex because purchasing gooods usually includes costing. Posting goods purhchase is usually done via accounts for monitoring lines of costing. See below an example of domestic purchase for resale:

For detailed treatment of purchasing of domestic and foreign market goods see topicAutomatic Posting of Invoices Received.

It is recommended you set the accounts for automatic posting in Document Types with the help of your accountant, and then automatically post invoices issued!

Costs

Costs are not posted via the accounts for transferring value to stock, but are posted directly to the accounts of the classes 4 or 2. That is, among the expenses or included expenses.

Set account for posting costs in line of cost account (that is, Cost Account in line of received invoice). To post corresponing tax amount the settings from VAT Accounts panel in Document Types | Goods will be used.

It is recommended that cost accounts are entered in the Goods module. By specifying account you do not only edit tax records and the invoice book, but also prepare the document for posting.

Related topics:

• Automatic Posting of Invoices Received
• Posting Directly from the Document of Received Invoice
• Post Costing

For a general description of functions see:

• Automatic Posting

Related topics:

• Document of Receiving