Hi Experts,
in Group Reporting manual, there is introduction about profit in inventory,
To automate the elimination of the internal profit, the buying unit must report the inventory value and identify the partner unit (selling unit). Additionally, the selling unit must report the margin rate (%).
our consolidation manager doesn't like this way, instand, we calculate profit in inventory by detail transactions currently, in excel. We collect all internal sales/purchasing transactions, and on hand inventory of buyer at month end. Then we calculate profit to be eliminated from these transactions, audit officers think this way is more accuracy.
Is there such logic in Group Reporting now, or is it in future road map?
Thanks and Regards,
Devy.