Posting Shipments
After you have finished entering all the details for a shipment, you can post it.
Note the following:
Posting updates quantities — when you post a shipment in Order Entry, the quantities on sales order and on hand in Inventory Control are immediately reduced for the items on the shipment.
Depending on the costing options that you choose in the Inventory Control program, posting may also update inventory costing information.
Posting, however, does not immediately update accounting or statistical information.
Shipment date — the shipment date is the date on which you ship the order. You enter it in the Shipment Date field on the Shipment tab. The shipment date is used to calculate the average days between shipments on the Item Status report in Inventory Control.
Posting Date — the posting date is the transaction date used by Day End Processing in Inventory Control when it creates journal entries for the general ledger. The posting date determines the fiscal year and period to which transactions are posted in the G/L.
See also