Release 380: Production journalizing for France, Belgium and Italy

The production journalizing practice in France, Belgium and Italy is different from the standard production journalization in Exact Globe.As such, a new production journalization method which meets the accounting practices/policies of these countries is essential.

The new production journalization method defines the COGS GL by items. Because of this, it is now possible to have different COGS GL codes for different items/item groups. Users can now have a better view of the total production cost per item groups in production order.

For example, to view the total cost for materials regardless of number of production orders, user can easily access the GL card to obtain the information.

For Production: WIP GL code , the default GL account will obtain from the settings but system will allow the change of ledger in project master, just like the current logic.

For Production: WIP change GL code , system allows only Profit & Loss (P&L) ledgers.

For Production: Scrap GL code , the system will only accept Balance Sheet (BS) ledgers with neutral or stock type. When saving a new GL that is neutral type, the system will automatically save the type to stock.

The recoding logic for existing transactions upon changing of scrap GL ledger will remained the same.

Important: Existing customers should know that there is no batch-to-batch script to convert the uncompleted production order to map to this new logic. As such, users must ensure that all the outstanding production orders have to set to “Complete” status before upgrading to release 380 and make use of this new logic. Inconsistency will occur if users have open production orders with old logic, and then continue by using new logic at later stage.