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MIRO

Hi,

I had an error while creating an invoice that my moving average price was negative, so i changed the price in mr21 and posted the invoice. Now what will happen if i change the price back to what it was in mr21. It allows me to do it in QAS. Can some one throw some light on this.

Thanks

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2 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Aug 01, 2006 at 05:56 AM

    Hi,

    While doing MR21 transaction , system makes a posting for the difference in the inventory price x stock on the date. The new price will be updated in the material master record.

    Thanks & Regards

    D.K.Lakshmi Narayana

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    • Former Member Zaid Azam

      azam,

      first of all you will have to find out why the price went negative. (I think you are allowing -ve stocking). If you change the price back to -ve then you would have the same problem while MIRO for the item.

      first analyze why the value went -ve.

      prasanna

  • author's profile photo Former Member
    Former Member
    Posted on Aug 01, 2006 at 05:40 AM

    Hi,

    If you change the price using MR21, system will post a document to account for the gain / loss on revaluation of inventory, while debiting or crediting inventory account.

    Hope this helps..

    Cheers.

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