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Purchase cost not showing in profit and loss Account

siyadsalim
Participant
0 Kudos

1.The Purchase we are entering Daily in SAP do not reflect in the profit and loss account. and AR Delivery Amount Reflected in the cost of good sold.

Here we attached

1.Cost of goods sold Ledger

2.AP Invoice Journal Entry

3.AP Deliver Journal Entry

4.GL Account Determination Details(Purchase)

5.GL Account Determination Details(Inventory)

Accepted Solutions (0)

Answers (2)

Answers (2)

support_19
Active Participant
0 Kudos

Dear siyadsalim,

The purchase posting is another method called 'Purchase Accounting System', this option is available in B1, but it has to enabled at the start of the implementation.

The purchase accounting system were likely used in the non-continuous systems.

Thank You,

support_19
Active Participant
0 Kudos

Dear siyadsalim,

The purchase posting is another method called 'Purchase Accounting System', this option is available in B1, but it has to enabled at the start of the implementation.

The purchase accounting system were likely used in the non-continuous systems.

Thank You,