There are scenarios where the user is doing Inventory movements with various Inventory transactions but cannot trace the same in the accounting journals even after all the transactions are posted. This blog explains how the various stock movements such as Sales, Purchase, Receipt, etc. can be seen posted to accounting.
When user creates a Sales Invoice for a particular product in Sage X3 and has posted it successfully then the journal that’s getting created in Accounting Financials is for that particular Sales Invoice only i.e. only the Customer’s Account and Sales account gets reflected, there won’t be any journals with Inventory account or Cost of Goods Sold[COGS] account.
So in this scenario where the one needs to get the Stock Journals to be created after doing any transactions in Sage X3 you just need to follow the below few steps:
- First navigate to Inventory -> Periodic Processing -> Valuation -> Account. Interface
- Enter the Processing Date with which the user needs to process the transactions that are posted till this date.
- Enter Financial Site for which the user needs to process the transactions. If it is blank then transactions for all the sites are considered.
- Click on OK button.
- There you go and check the financials where you can find the inventory effect.
About Us
Greytrix – a globally recognized Premier Sage Gold Development Partner is a one-stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third-party add-on development and implementation expertise.
Greytrix caters to a wide range of Sage Enterprise Management (Sage X3) offerings – a Sage Business Cloud Solution. Our unique GUMU™ integrations include Sage Enterprise Management (Sage X3) for Sage CRM, Salesforce.com and Magento eCommerce along with Implementation and Technical Support worldwide for Sage Enterprise Management (Sage X3). Currently we are Sage Enterprise Management Implementation Partner in East Africa, Middles East, Australia, Asia. We also offer best-in-class Sage X3 customization and development services, integrated applications such as POS | WMS | Payment Gateway | Shipping System | Business Intelligence | eCommerce and have developed add-ons such as Catch – Weight and Letter of Credit for Sage Enterprise Management to Sage business partners, end users and Sage PSG worldwide.
Greytrix is a recognized Sage Rockstar ISV Partner for GUMU™ Sage Enterprise Management – Sage CRM integration also listed on Sage Marketplace; GUMU™ integration for Sage Enterprise Management – Salesforce is a 5-star app listed on Salesforce AppExchange.
For more information on Sage X3 Integration and Services, please contact us at x3@greytrix.com. We will be glad to assist you.