EPISODE 33 | Posting profile set-up for the Purchase Orders in D365 Finance and Operations

[@TechTalks365]

If interested in full course, visit us at dynamics365lab.com.

[@hemalathaPidishetty]

Please also make Finance modules series. Users can also understand finance side posting in more detailed way sir. Request to do it. thanks for these videos too. excellent coaching so far on internet.

[@TechTalks365]

Yes will plan in future . But if you want it today feel free to enroll - dynamics365lab.com

[@hemalathaPidishetty]

Excellent coaching!

[@TechTalks365]

👍

[@perilousb0y]

best course for noobs been looking for something like this when i started, thanks mohamed

[@TechTalks365]

👍

[@parthibanks2953]

Thank you very much for the valuable and understood able session for vendor posting profile with an examples

[@samanthadindillo9611]

Great video. Easy to understand and learning alot from your videos. Thank you.

[@TechTalks365]

Thanks Samantha 👍

[@tippireddyvenugopalreddy3529]

Thank you very much brother,this session really made me good ..you clear my doubts regarding financial impacts

[@TechTalks365]

Happy for you !

[@riyaarora8669]

Please make finance series , your session are very knowledgeable .

[@TechTalks365]

Thanks Riya . This series is already a combined series of both finance and SCM . Happy learning

[@fico-business-solutions]

Very good explanation. Thanks a lot🙏👍

[@TechTalks365]

👍

[@RishabhSharma-s3x]

00:13 Understanding posting profile setups for purchase orders in D365. 02:32 Setting up posting profiles for purchase orders in D365 Finance and Operations. 07:02 Setting up a single summary account for all vendors in D365 Finance. 09:16 Setup vendor posting profiles for accurate purchase order accounting. 14:11 Understanding temporary accounts in D365 during purchase and invoicing processes. 16:28 Indian localization involves unique posting for purchase orders and expense transactions. 20:41 Setting up inventory posting profiles for all items and vendors in D365. 22:46 Setting up temporary vendor and expense accounts in D365 Finance. 27:16 Setting up vendor accounts for purchase orders in D365. 29:49 Setting up default posting profiles for purchase orders in D365. 34:54 Overview of the invoice posting process in D365 Finance and Operations. 36:58 Ensuring accurate invoice matching in D365 Finance and Operations.

[@TechTalks365]

Wow thanks a lot

[@ramankaushik2022]

Superb , nicely explained 👌

[@TechTalks365]

Thanks Raman. Keep watching and keep commenting !

[@lokamedaanahussein7933]

thnx bro, really I have benefited a lot

[@TechTalks365]

Thank you

[@sunilgkurup1634]

Informative video. Thank you

[@syedsaif7597]

Great job! Thank you so much

[@TechTalks365]

You're very welcome!

[@maryamhagh4816]

Excellent! Thank you!

[@TechTalks365]

👍

[@jinkalasivananda5690]

THANK YOU IT WAS VERY NICE SESSON

[@TechTalks365]

welcome enjoy the course

[@praveenroy6827]

Excellent as usual.

[@TechTalks365]

Thanks praveen

[@EricksonElloso]

Good day! This is a big help for newbies in 365. I just want to ask what episode starts in Finance/Accounting side tutorial? Thank you!

[@TechTalks365]

dynamics365lab.com

[@Fatimleo84]

Dear SIr, Thank you Very much That is very helpful to me I have go thru & enhance myself thru your videos BUT sir could u plz advise the episode in which you have covered accounts payable unable to find that Regards

[@wieredguy]

Please make a video on Posting Profile for Production

[@TechTalks365]

👍

[@nimmishh]

Hi Mohammad, Thanks for doing this public service. Binge watching them all :D Just as you added a Vendor Posting Profile for Permanent Credit at the time of Invoice in Accounts Payable, wouldn't it have been logical to also add another Vendor Posting Profile for Temporary Credit at the time of Receipt? Why D365 only allows the latter to be added under Inventory Management -> Posting?

[@divyanandshivanand9906]

Hi Mohammed, at 27:35 creditors/accounts payable account, the permanent vendor account, you say that we have already did it but i am not able to connect where exactly you did it, because i was expecting you would do it after purchase accrual (Temporary vendor account) but you did not create that. Am i missing the flow here?? you say we have just now set it up 27:51 in vendor posting profile, i am not able to recollect when you posted it. 1. cost of purchased materails received (Temp) 2. Cost of purchased materials invoiced (Permanent) 3. Purchase accrual (Tem Vendor acc) and then creditors/accounts payable account should have come i was expecting but couldnt find it created, am i missing the link here? please advise.

[@TechTalks365]

At 5:06 we did it . That was the step number two we followed in this episode

[@divyanandshivanand9906]

@@TechTalks365 Thank you so much

[@divyanandshivanand9906]

May i also ask, why is the path for creating creditors/accounts payable account different from other three temporary and permanent accounts 1. cost of purchased materails received (Temp) 2. Cost of purchased materials invoiced (Permanent) 3. Purchase accrual (Tem Vendor acc)

[@TechTalks365]

@@divyanandshivanand9906 welcome 🙏

[@divyanandshivanand9906]

If i May ask again, why is the path for creating creditors/accounts payable account different from other three temporary and permanent accounts ie 1. cost of purchased materails received (Temp) 2. Cost of purchased materials invoiced (Permanent) 3. Purchase accrual (Tem Vendor acc)

[@alokugamage]

Thanks for this video, I could not locate it, but if you have an episode on ''Posting profile set-up for the Sales orders' can you link it here please?

[@TechTalks365]

Sales side of things will be coming soon

[@oubahabrahim4605]

Thank you Mohammad for the great job, well explained Question : what will happen within the temporary inventory account if any SO issued before posting PO invoice, does any correction adjust needed to fit the correct cost price one invoice posted ?

[@TechTalks365]

All those will be adjusted during the inventory closing process

[@adamcarri6511]

another great video. what would be the reason i'm unable to select GL accounts on the Posting Setup and also on Vendor Posting profiles. i created a new entity. must be a missing a small setting. i activated the first step you mention.

[@TechTalks365]

yes i think you have not setup you ledger .. you need to do all set-ups I have mentioned in episode 3,4 &5 .. and try again

[@lokamedaanahussein7933]

Kindly Mohamed, what are the benefits from the expenditure account, I have found it useless

[@royzhou7937]

Hi Mohammed, for a scenario where we want the granule level of expense cost accrual (for non-inventory spend), but don't want to use Procurement category link to main account in the posting set up (as not all main accounts can corelate to our Procurement categories), how do we achieve that? Is there a way to use the main account under the financial dimensions in the purchase requisition or purchase order? In D365, the invoice receipting automatically revokes the product receipt posting, which creates too much in & out noise in the ledger account. Is this revoking a default configuration by D365 and can't be changed? Thank you.

[@naveedhassan2065]

Assalaam o Alikum Dear Sir, It would be good for us if you share your COA as mentioned in the video at starting we have just few COA but latter on at this stage there are numerous COA which are difficult to understand as a beginner how to handle the multi tasking information.

[@chaitanyachaithu-mu1fo]

Facing an error while posting product receipt states that "Posting has been cancelled", did all the vendor posting profile, inventory posting profile. please let us know why

[@mohrmm6046]

Does subscribing to the site include a trial account for the program?

[@TechTalks365]

No but I can provide a 50 percent discount code to try it if intetested

[@mohrmm6046]

@@TechTalks365 u have another discount for subscription 👀

[@mohrmm6046]

@@TechTalks365 how much for trial account

[@joylm9108]

Was the purchase expenditure un-invoiced and purchase expenditure for product necessary? The cancelled out .

[@TechTalks365]

Only for Indian legal entity , not necessarily for others

[@kajolsitaula1332]

Hello Sir , In my vendor posting profile summary account is disable can you please explain why is happen ??

[@tharindhuanuradha]

vendor posting profile is assigned with supplier payable account through vendor group & the vendor is assigned with vendor group. Similarly we assigned supplier payable account in the purchase accrual section of the posting form. Therefore which account get picked up during the invoicing transaction ??

[@kame99023]

Hi, amazing content! You reference a finance series were you are going to deep dive into posting profiles. Could you link this post?

[@TechTalks365]

Yes I will do them in my future episodes

[@senthilkumarpatchai7309]

Purchase Expenditure, Uninvoice and Purchase expendenture for product are not clear. Can you please explain with example?

[@TechTalks365]

Sure in future episode i will 👍

[@nidhichouhan7375]

In the case of a service purchase order what happens during the product receipt ?

[@TechTalks365]

Post to the expense !

[@nidhichouhan7375]

@@TechTalks365 And if we are not using any item and using only procurement category, then in that case what happens to voucher of product receipt?

[@nidhichouhan7375]

Any update? Please let me know if you have any update

[@nidhichouhan7375]

@@TechTalks365 any update??

[@ritikjain491]

Hlo Sir, I was getting issue while posting invoice after PO. System is giving error(Posting Number: INV001 A number sequence has not been set up for the reference Invoice voucher in the area Accounts payable.) can you pls help me for the same

[@TechTalks365]

The error is due to lack of number sequence, please watch the episode number 2 in this series to understand about number sequence

[@prijithp5877]

How to copy the purchase order posting set up from another entity using excel

[@ammaraijaz4120]

Thanks for the videos brother. but TBH you better work on your accounting basics. I am a CA but after listening to your double entries i have stared doubting my basic accounting knowledge.

[@TechTalks365]

Thanks for your feedback , sure I will work on improving it .