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Former Member

Wrong account getting DR and Credit when doing MR22

Hello experts

When we did MR22 for inventory value adjustment ,credit and debit went to the same account.

The actual result should have been credit to the account which is debited right now i.e 7*****

and credit to a balance sheet account 1*****

Can anyone guide on how to check and solve this?

Thanks

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    author's profile photo Former Member
    Former Member
    Posted on Sep 06, 2016 at 01:35 PM

    Hello Friends

    I have found out the reason for wrong entries getting posted from MR22

    Well , the entries are actually correct because the material for which price change was done has 0 quantity at present therefore , system could not see any stock to adjust and it skipped the BSX entry and instead posted PRD entry.

    Thanks for all who guided me.

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 26, 2016 at 03:55 PM

    Thanks for all your reply

    But i checked in Valuation class PRD and the accounts for debit and credit are same.

    And now when i checked UMB , only one account is maintained.

    Now we want the a stock balance sheet account to be credit and cost inv value adj to debit

    But in this case in MR22 , "Cost inv value adj" account is getting dr and Cr

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  • Posted on Aug 25, 2016 at 10:30 AM

    Dear Ankita

    Whether it is MR21 or MR22, in both the cases, system picks the material GL (Balance Sheet Asset GL ) from material master (BSX) and the subsequent Debit/Credit from OBYC-->UMB (Which will be P/L Expense GL).

    It seems there is some issue with your configuration, as system will issue error message if UMB settings are missing.

    Let me know if you still have any queries?

    Best Regards

    Syed Zia Abbas

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    • Former Member

      Thanks for all your reply

      But i checked in Valuation class PRD and the accounts for debit and credit are same.

      And now when i checked UMB , only one account is maintained.

      Now we want the a stock balance sheet account to be credit and cost inv value adj to debit

      But in this case in MR22 , "Cost inv value adj" account is getting dr and Cr

  • Posted on Aug 25, 2016 at 11:32 AM

    Hi Ankita,

    Please check first your valuation class in material master, than subsequently check OBYC configuration for the same valuation class -

    For e.g. -

    Inventory A/C + Which is configured through BSX

    B.S. GL - Which maintained in transaction key "UMB" with valuation modifier for your AAC.

    Thanks & regards,

    Ankur Chauhan

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    • Former Member

      Hi Ankur

      Thanks for reply

      But , i checked BSX and UMB.

      BSX is having a inventory account maintained and UMB has BS GL account.

      But still the system is taking same account in debit and credit i.e BS GL account

      when doing MR22.

      Any idea why ?

  • author's profile photo Former Member
    Former Member
    Posted on Aug 25, 2016 at 11:14 AM

    Hi Ankitha,

    You might have assigned same GL account for both credit as well debit...please check in obyc configuration for the UMB transaction key and Valuation class...

    Regards,

    Skanda.

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 01, 2016 at 02:37 PM

    Hello Friends

    We still have no resolution , as to why our entries are going like

    PRD Debit

    UMB Credit

    Any inputs from anyone ?

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