query about gain/loss

[Former Member]

hi mm gurus,

my client has faced a problem

After reviewing their month end account they noticed that there are huge variances in Gl Code 429003 ( Stock Transfer Gain/Loss ) for different material... .

Grateful if you could revert to it and advise

Please advice the possibilities

Thanks in advance

subbu

[Former Member]

Hi,

If you move a material from one plant to another and the valuation price is different you will get postings to this account.

You will also get postings to this account if the 309 movement type has been used (you must not use 309 to correct errors, it should only be used if a material has GENUINELY change to another material due to the passage of time).

To check what else could be posting to this GL there is a noce function hidden away.

Go to SPRO

Materials Management > valuation and account assignment > account determination > account determination without wizard > configure automatic postings

Get rid of any warning messages then click on the "GL accounts" icon (next to simulation). Enter the company code involved and you will get a list of every account that is automatically posted to. It will also give you some indication as to why it was posted (which transaction event key and account modifier was used).

thios si a really useful report for finding out (checking) which GL accounts are auto posted to via MM (and why)

Steve B