How to Change Stock Posting Account in Sales and Purchases Transaction Form

How to Change Stock Posting Account in Sales and Purchases Transaction Form

Overview:

System has a feature where the user can change the GL Posting Account of a Stock Item per

transaction in Sales and Purchases, aside from following the set GL Account in Stock Account

Preset. This is done by selecting the GL Posting Account in the GL Account column, and the

system will use this account as the posting account of the stock item.

This is only applicable on the ff transaction forms:

1. Sales

    ● Sales Invoice

    ● Sales Debit & Credit Notes

    ● Cash Sales

2. Purchases

    ● Purchase Invoice

    ● Purchase Debit Notes

    ● Purchase Returns

    ● Cash Purchase

Procedure:

1. In the Navigation Pane, go to Sales > Sales Invoices

2. In Sales Invoices, click ‘Add’

3. Fill-in the necessary information and select a Stock

GL Account in Stock Account Preset is the set Default Account

4. To change the Posting Account, dropdown GL Account then select account. Once done, click ‘Save’

Application:

Selected GL Account is now used as the posting account for the stock item in the transaction.

Note: Changes to the GL Account of the stock item will not be applied to the set account in the stock account preset, nor in the next created transaction.

For any further concerns on this matter, please contact support or submit a

ticket through this link: https://support.qne.com.ph