Creation of Inventory Posting Setup on Microsoft Dynamics Nav Business Central

Dear Friends,

Today in our tutorial we will learn how to setup inventory posting. This setup determines the inventory account in the general ledger to which the program posts for transactions involving this item (any transaction related to Item Inventory).

Step 1:

To do the setup go on the following menu:

Main Menu --> Department --> Financial Management --> Setup --> Inventory Posting Setup

Step 2: 

Click on the button New and fill the required information.

Location Code	Enter the location
Inv. Posting Group Code	Enter the inventory posting group
Description	Enter a description
Inventory Account	Enter the inventory G/L account
Inventory Account (interim)	If you want to use an interim account during good receive enter the G/L Account here
WIP Account	In case you are you work in progress, enter the work in progress G/L Account
Material Variance Account	Enter the Material Variance G/L Account
Capacity Variance Account	Enter the Capacity Variance G/L Account
Mfg. Overhead Variance Account	Enter the Manufacturing Overhead Variance G/L Account
Cap. Overhead Variance Account	Enter the Capacity Overhead Variance G/L Account
Subcontracted Variance Account	Enter the subcontracted variance G/L Account