18.3.1 General Ledger Distribution

The inventory product balance and the general ledger inventory controlling account are credited for the amount of the transaction. Like the voucher example, the job activity account and the general ledger expense account specified for the job activity are debited for the amount of the transaction. The screen below shows the balances in the job activity record after the inventory adjustment has been made.


As with the voucher example, if this job is not closed before the process Post Jobs / Work in Process is run at the end of the period, all charges made during the period to the job will be transferred to the work in process account. Later, when the job is closed and the process is run, the charges for the job are moved back to the expense account and will show up on the income statement after the closing processes on the Closing menu are run.