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author's profile photo tirupathi rao
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tirupathi rao

Cost of goods sold

Posted on Oct 17, 2019 at 05:02 AM 76 Views

Hi,

This is Tirupathirao,

Why COGS created as a cost element ? If we don't create what happend

What is the reason behind of COGS cost element, I just want to know the logic

Please tell me

Thank& regards

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  • author's profile photo Gautam Jain
    Gautam Jain
    Posted on Oct 28, 2019 at 10:25 AM
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    COGS account should be a cost element in case you want to transfer values to controlling in case of Account based COPA. It is not required as cost element if you have Costing based COPA

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