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From: egger29 on 18 Jun 2010 17:12
Good afternoon. I have a client migrating from Simply Accounting to NAV 2009.

I have some questions on the inventory setup.

Simply and NAV post sales of inventory the same way

CR Sales

DR AR

CR Inventory

DR COGS.

But when it comes to purchases 'Simply' does this.

DR Inventory

CR AP

NAV does this

DR Purchase

CR AP

DR Inventory

CR Direct Cost Applied.

Now what would you recommend I do ?. I think I should just set up an new I/S
account for Purchases and a new I/S account for Direct Cost Applied (since
they net out anyway).

Since they net out, what is the purpose of both of these accounts ?

Thank you.

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