Goods in Transit

[former_member636854]

Hi All,

Request your help on the below requirement regarding GIT (Goods-In-Transit)

We purchase goods from other countries and once the goods are reached port or in transit, we wanted to have an entry with GR like:

Dr. GIT (Goods-in-transit)

Cr. GR.IR Clearing

And when the goods are actually reached in our plant physically, we would like to have an entry like:

Dr. Inventory

Cr. GIT

Our existing scenario is direct post to inventory account and no GIT. Current entry is:

Dr. Inventory

Cr. GR/IR.

Can you pls advice how is possible and technical settings for this pls.

Thank you

Chandu

[Prasoon]

Hi,

   It is not logical to have two accounting entries for single GR for a plant. May I know why you want to post to a dummy GL GIT in between?

   If you want to generate the accounting entries at the time of port entry itself, you may go for 107 and 109 movement. During 107, the actual accounting entries will be generated and the material will be posted to valuated GR blocked stock. Once the material received to your warehouse, you may do 109 movement to release from GR blocked stock.

   If you want accounting entries once the material received to your warehouse, you may go for 103 and 105 movement as already explained.

   You may check the options with the business and the FI team and revert back.

Regards,

AKPT

[former_member182609]

System can not generate two accounting entries as you expected.As Dev said above you can follow the process.

Or if you want to tract the transit then create separate location for dummy receipt one location then once you received the goods do transfer to actual location.

Your requirement is not possible to generate two accounting entries in both the cases.

[former_member183424]

As of my knowledge, we cant change standard accounting entry..

In that case you can use movement type 103 and then 105 movement type...

At the time 103 movement type, there will be no accounting entry.. At the time 105 movement type normal accounting will generate (same as 101).

Also you can track the GIT stock and details..

When goods are reached at the transit, do the movement type 103 (the stock will goes to blocked stock), and then when goods are reach at your warehouse, then do movement type 105 (you can see the stock in unrestricted stock)...

[Former Member]

I think we make it somewhat better, by creating a new storage location PORT.

103 can be taken place in PORT location.

At the time of 105, when accounting entries need to be come then you can use your regular storage location.

It might be helpful for you.

[former_member183424]

103 movement type doesn't contain storage location...

[Former Member]

yup. i missed that

Thanks for intimation.