Issues and Third Party Transfer Entry In NAV

   
                 Issues and Third Party Transfer Entry In NAV as mention below :--


                                 Issues Slip is departmental consumption--

        Issues slip create and verified by user and HOD.Post by Store department.

        Inventory Account (Store and Spare)  ----  Credit

       Consumption account (Inventory Adjustment Account)  ---- Debit


                       Transfer Order for Third Party Contractor ----

              Transfer Order Created and verified by  User and HOD.Post By Store Department.

                      Inventory Account (Store and Spare)  ----  Credit
                 In transit   -         Debit
Consumption account (Inventory Adjustment Account)  ---- Debit
                  Consumption account (Inventory Adjustment Account)  ---- Credit
                  In transit   --         Credit
                Inventory Account (Store and Spare)  ----  Debit
After this entry item laying on third party location.
Actual consumption booked through project material consumption journal.

Purchase Entry in NAV

               

                            Purchase Entry route in Nav as mention below----
                       

                      Purchase Account -----Debit  -------This is P/L account

                      Inventory Account (Store and Spare )---Debit-----This is Balance Sheet Account
                   
                     Vendor Account-----Credit ---- This is Balance Sheet Account

                       Direct Cost Account Applied ------Credit-----This is P/L account