Navision Microsoft Dynamics NAV – How to setup Cost of Goods Sold (COGS) for the CPA

Here is an overview of how to properly setup the COGS account in Navision. When a purchase of inventory is made, 4 accounts are hit: Inventory A/P Purchases Direct Cost Applied When the items are sold, 4 accounts are hit: Inventory A/R Sales COGS In this case, the COGS is automatically calculated and posted to [...]