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Captive consumption kind of scenario - Internal Transfer

Mar 10, 2017 at 09:33 AM

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Respected Gurus,

There is a requirement form my client as mentioned below.

1.We have two Plant xx01 and Plant xx06 in same company code with same excise entity.

2.Finish Product of Plant xx06 will be transferred xx01 plant for Captive consumption.

3. Suppose the cost of finish product in plant xx06 is Rs.100 and market rate of that product is Rs.110. we need to book Rs.10 as profit while transferring that material from plant xx06 to plant xx01.

4.Finish Product of Plant xx06 will also be sale to other Customer.---Standard Procedure.

5. Material Transferred in point 2. will be received in plant xx01 as raw material with market rate.

There is no requirement of invoice creation or invoice posting on either side , However we are expecting GLs should hit as mentioned below during PGI and GRN material movements.

FG of XX06 Plant 100 Kgs Rs. 10000

Sales FG of XX06 40Kgs Rs. 5000 (4000+1000 = 5000 With Margin to outside party)

Balance in Trial Balance 60Kgs Rs. 6000

Transfer to XX03 from CP06 60Kgs Rs.7500 (6000+1500=7500 with Margin) Stock transfer via some transfer entry

Receiving entry at XX03 60 Kgs Rs.7500 with GRN entry

Please suggest to have an eyeopener on above requirement.

Regards,

Naren

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