HOTSPOT - You need to determine the root cause for User1's issue. Which configuration options should you check? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point. Hot Area:
1: Computer - B. Procurement categories are used for non-inventoried purchases and define the ledger accounts for expenses. If the computer is purchased using a procurement category, the category’s configuration determines whether an expense is posted during packing slip posting.
2: Barrels - C. Item model groups define how inventoried items are handled, including whether physical updates (e.g., packing slip posting) result in financial postings. For barrels, the item model group must be set to post physical inventory transactions (e.g., "Post physical inventory" enabled) to trigger ledger postings for packing slips.
User1 indicates that after packing slips are generated for purchase orders, there are no ledger postings.
The issues related to ledger posing.
Computer -> non stock -> purchasing policy
Barrels -> item groups
item model group -> inventory dimension
procurement category -> product attribute.
I provided the wrong answer in previous comment. The correct answer for Computer is Purchase policies if Computer is setup as a procurement category. Answer for barrel remains the same i.e. Item model group.
Both stocked and non-stocked item require item model group. In this context, Item groups controls actual ledger posting I.e. GL accounts while Item model group controls ledger integration (posting of physical and financial inventory), cost recognition options, inventory policy e.t.c. Relevant settings ‘post physical inventory’ and ‘accrue liability on product receipt’. If we assume Computer refers to a procurement category, then it will not normally produce a ledger transaction on receipt. Therefore, the correct answers are Procurement category for computer and item model group for barrels, assuming the correct posting setup (standard or item group) has been applied of course.
Computer if fixed asset, does not have Item Model Group include physical checkbox, because stocked checkbox is not checked for a fixed asset. However, for inventory item like Barrel, the checkbox "Include physical value" in item model group is enabled and should be ticked.
So in case of Computer (a fixed asset), answer should be Item Group, and in case of barrel (inventoried item), it should be Item model group to have checkbox "Include physical value".
Both stocked and non stocked item require item model group. The include physical value option relates to whether inventory transactions are created. This should not be confused with packing slip option. So computer and barrel, both require item model group. As the question did not differentiate between types of purchase orders, the answer would be same for stocked and non stocked items.
Barrels--it should be Item model group--Physical posting is not ticked.
upvoted 4 times
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