Learning how transactions affect postings
You may need to know which transactions post changes to the general ledger. Show me how order costing methods post.
You can also click an example below to see how transactions post.
| Receiving | Accounts payable invoices |
|---|---|
| Issues from inventory | Inventory movements |
| Inventory adjustments | Direct labor |
| Indirect labor | Shipping |
| Job closing |
Receiver status for landed costs
| Status | Meaning |
|---|---|
| Open | You did not transfer the remaining balance in the landed costs clearing account to the purchase price variance account. You can still reconcile the difference between estimated and actual landed costs for the item. |
| Closed | You already transferred the balance in the landed costs clearing account to the purchase price variance account. |
| Not applicable | The receiver does not contain items with landed costs. |