Introduction to MS Dynamics NAV XXXIII-Expected Costs
Ing.J.Skorkovský,CSc.
MASARYK UNIVERSITY BRNO, Czech Republic
Faculty of economics and business administration
Department of corporate economy

Expected costs initial setup
•Expected costs are the estimate that you make of the cost of, for example, purchasing an item
before you actually receive the invoice for the item •You can post expected cost to both inventory
and to G/L. Whenever you post a document, such as an order or a journal, as received or shipped, a
value entry line will be created with the expected cost. This expected cost will affect inventory
value, but it will not be posted to G/L unless you have set the program up to do that •Expected
costs are posted to interim accounts in the general ledger. If you want to post expected cost, you
must set up interim accounts for the relevant posting groups in the General Posting Setup table.
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•

Expected costs initial setup I
If there is a check mark in the field, the program will post expected costs to interim accounts.


Expected costs initial setup II.



New item



Purchase order (origical cost=190)
Posting : Only shiping !!!
Expected cost

Item card-entries after posting



Adjustment



Post inventory cost General Ledger



General Ledger Entries
2110
2111 (interim)
7191
5510 (interim)
190
190
170
170

Modification of  expected costs to real one related to invoice and post as described below




Item card and Average cost calculation overview Item ledger entries and Value entries


Item ledger entries and Value entries



General Ledger entries corresponding real cost
After adjustment and posting to G/L


General Ledger Entries
2110
2111 (interim)
7191
5510 (interim)
190
190
170
170
2110
2111 (interim)
7191
5510 (interim)
210
210
170
170
170
170
Before
After
Where previous  purchase cost was 190 and next real one 210. Expected cost 170 was neutralized

End of the section XIII.