Specify an account in which the expenses incurred by purchasing are posted.

Specify an account in which the income incurred by sales are posted.

Reflects the inventory final value and recorded in every inventory transaction that involves items of this warehouse.

Define the G/L account to be used when transactions of selling goods are created

This clearing account is used as an offsetting account to the inventory account in goods receipt POs and A/P credit memos. The balance of this G/L account reflects the total amount of open goods receipt POs and goods returns related to items in this warehouse

This G/L account is used only in a standard price inventory system. In specific scenarios, if there are differences between the standard price and the actual price in the purchasing document, these differences will be recorded in the variance account.

Used in purchasing transactions only. Price differences between the base document and the target document will be recorded in this account in specific situations.

Offsetting account for the inventory account used in goods receipts and positive differences in inventory postings. You can change this account manually while creating its corresponding document.

Offsetting account for the inventory account used in goods issues and negative differences in inventory postings. You can change this account manually while creating its corresponding document.

Specify the G/L account to be used when a goods return transaction is created.

Define an account to be used whenever items of this warehouse are sold in the European Union.

Define an account to be used for expenses related to documents created for the European Union.

Define an account to be used whenever items of this warehouse are sold out of the European Union.

Define an account to be used for expenses related to documents created for countries outside the European Union.

Define an account to be used whenever a purchasing transaction is created for items in this warehouse.

Define an account to be used whenever purchased items from this warehouse are returned to vendors.

Define the account used to offset the purchase account or the purchase returning account, thus maintaining journal entries that were created by purchasing documents balanced.

Used in purchasing transactions only. In certain scenarios, creating a target document from a base document when the item price is in a foreign currency and the target document is connected to a different exchange rate, a difference in local currency occurs and is posted to this account.

An offsetting account to the allocation costs used when closing goods receipt POs or goods returns. In this case, no inventory entry is registered; however, a journal entry is created and includes this G/L account.

These accounts are used as balancing accounts when the inventory value is increased due to the creation of a material revaluation document.

This account maintains the value of the items that are in the process of production, that is, when the final product is not ready yet, but the production has already begun.

This account holds the variance amounts of the items involved in the production process, that is, the variance between the cost of the products and the cost of the components in a production order.

An offsetting account (contra-account) to a WIP (work in progress) account used within production transactions and used for change of value of a WIP account during the production process.

This account is used only when you select the Accounting with Balance Sheet Accounts and Profit & Loss Accounts option of the production order document, on the Per Document tab of the Document Settings window.

An offsetting account (contra-account) to an inventory account used within production transactions and used for change of value of an inventory account during the production process.

This account is used only when you select the Accounting with Balance Sheet Accounts and Profit & Loss Accounts option of the production order document, on the Per Document tab of the Document Settings window.

If freight charges are defined as influencing on inventory values, this account used as a clearing account for the expense amounts included in the postings created by the Goods Receipt PO.

If freight charges are defined as influencing inventory values, this account is used as an offsetting account for the freight value included in the purchasing postings.

This account is used only for China's A/P reserve invoice and Korea's A/P reserve invoice to replace the allocation account. It is used as an offsetting account to the inventory account in goods receipt POs and A/P credit memos. The balance of this G/L account reflects the total amount of open goods receipt POs and goods returns.

Specify an account for CENVAT taxes posting in the excise invoice at warehouse level.

This account is mandatory if the checkbox Excisable is selected for a warehouse.