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Former Member
Jun 11, 2013 at 03:45 AM

Acnt Entr. for 161 and 122 Mvt for freight are different


Hello Experts,

I have an issue for the return of material to Vendor,

I am using both 122 and 161 Mvt type.

Lets say that the Cost of material is 47 and that of Freight be 3

in the 122 mvt type the Entries are

Inventory Account: 50 Credit.

GR/IR: 47INR Debit

Freight Clearing : 3 INR Debit

but when I am posting with 161 Mvt type the Entries are:

Inventory Account: 50 INR Credit

GR/IR: 47INR Debit

Freight Clearing : 3 INR Credit

I am not bale to understand ths, Where have I made the mistake.

is it the 161Mvt configure that is wrong.

please help.


Yawar Khan