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Former Member

I/R(invoice recipt) differ

good morning:-

suppose we P.O rate is per unit Rs.100-00 when ever recieved the goods at time rate is the 120-00 rupees, in this how the system posting the transaction, what is the entry, for the difference, where we do the customization price difference accounts.

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2 Answers

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    Former Member
    Posted on Aug 23, 2007 at 04:18 AM

    Ameer

    The price diff account is defined in OBYC and key PRD.

    Thanks

    Ashok

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    Former Member
    Posted on Aug 23, 2007 at 04:30 AM

    Hi,

    It depends on the valuation of your material.

    If you adopt Moving average price --- the total amount Rs.120/- goes to your Inventory A/C.

    In case of Standard price - Rs.100/- goes toy our Inventory A/C. and Rs.20/- goes to PriceDifference A/c.(In OBYC account should be determined)

    Regards,

    Murali

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