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Former Member

FERT Initial Upload Double Accounting Entries

Hi Experts,

When we are going to initial FERT upload at Cutover date i.e. 31.12.2014, system is generating double accounting entries on material document posting. System behavior is very strange on the FERT upload.

For your more clarity on the given problem, we are using the following steps.

1- Update standard price through MR21 on Dated 31.12.2014

2- Upload FERT Qty through MB1C using movement type 651 on Dated 31.12.2014.

Two accounting entries generated by the system in the same material document number,

1- Posting Date 31.12.2014

               FG Inventory Account                         Dr

               Initial Inventory Upload Account      Cr

2- Posting Date 01.01.2015

               FG Inventory Revaluation Account     Dr

               FG Inventory Account                       Cr

First accounting entry is correct but i am confused on the second accounting entry where inventory account going Zero and this amount debited to inventory revaluation account.

Experts needs your valued input regarding the above issue.

Looking Forward

Sajid Iqbal

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3 Answers

  • Best Answer
    Jan 08, 2015 at 11:13 AM

    Hi Sajid,

    You could access to customizing: "Material management"/"Configure Price Change in Previous Period".

    Here, you define if price change in previous period applies - or not  - in the current period.

    If the price change does not apply to the current period (standard), the system reverse the accounting.

    Regards.

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    Former Member
    Jan 08, 2015 at 12:04 AM

    CORRECTION on movement type 561 instead of 651.

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    Former Member
    Jan 08, 2015 at 05:33 AM

    Hi

    When the second entry is generating  ? At the time of MB1C?

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