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Former Member

PGI

HI

What entries / effects take place when I do PGI

Regards

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    Former Member
    Feb 13, 2008 at 11:58 AM

    When goods issues are posted for sales:-

    Movement type used for posting – 601

    Accounting entry posted:-

    Cost of goods sold Debit

    Inventory of Finished goods Credit

    For cost of goods sold transaction key GBB is updated with general modification key VAX (T.Code: OBYC to maintain G/L account)

    Regards,

    Rajesh Banka

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    Former Member
    Feb 13, 2008 at 12:01 PM

    hi,

    When you post goods issue for an outbound delivery, the following functions are carried out on the basis of the goods issue document:

    Warehouse stock of the material is reduced by the delivery quantity

    Value changes are posted to the balance sheet account in inventory accounting

    Requirements are reduced by the delivery quantity

    The serial number status is updated

    Goods issue posting is automatically recorded in the document flow

    Stock determination is executed for the vendor's consignment stock

    A worklist for the proof of delivery is generated

    regards

    sadhu kishore

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    Former Member
    Feb 13, 2008 at 12:32 PM

    When you do PGI

    the stock is updated, so are receivable credited and customer debited.

    😊

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    Former Member
    Feb 14, 2008 at 06:45 AM

    Hi,

    A post goods issue when done indicates that stock has moved out of your warehouse and the same is also an interface with FI in SAP.

    A post goods issue can be done as per the various business scenarios..

    a)Goods move out of your warehouse and are loaded in the truck you can do the PGI

    b) When goods are in transit..you can do the PGI

    c) When goods reach the customers place you can do the PGI

    These scenarios vary as per different business scenarios

    1)When you do a post goods issue the stock always gets reduced in your books of accounts and there is an interface between SD and FI in SAP.

    2) Also the subsequent document gets updated when you do a post goods issue the picking status shows picked completely hence the document prior to the post goods issue also gets updated.

    3) Also when a post goods issue is done the Cost of Goods Sold A/C gets Debited which is a nominal A/C and the Inventory A/C gets credited since its a real A/C

    4) Hence the entry would be Cost of Goods Sold A/C Dr

    To Inventory A/C Cr

    5) The rule for nominal A/C is debit all expenses and losses and credit all incomes and gains since Cost of Goods Sold is an expense for the company hence this AC gets debited

    6) The rule for Real A/C is debit what comes in and credit what goes out since the inventory flows out the same gets credited

    Do let me know if this helps

    Reward Points if the same is useful to you...

    Regards

    Atul Keshav

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    Former Member
    Feb 14, 2008 at 09:43 AM

    Hi,

    At the time of PGI inventory of material credited to customer and debited from the stock.

    Regards,

    Suhas

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    Former Member
    Feb 14, 2008 at 10:42 AM

    The follwoing changes takes place.

    1. Decrease in the stocks in the Plant level.

    2. Accounting document created.

    3. Delivery due lists gets updated/changed.

    4. Billing due lists gets updated.

    5. Consumption planning is updated.

    6. Purchase order gets triggered in case of automatic stock replinishing .

    regards,

    Amlan Sarkar

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    Former Member
    Feb 14, 2008 at 12:15 PM

    When you post goods issue for an outbound delivery, the following functions are carried out on

    the basis of the goods issue document:

    Warehouse stock of the material is reduced by the delivery quantity

    Value changes are posted to the balance sheet account in inventory accounting

    Requirements are reduced by the delivery quantity

    The serial number status is updated

    Goods issue posting is automatically recorded in the document flow

    Stock determination is executed for the vendor's consignment stock

    A worklist for the proof of delivery is generated

    A worklist for the proof of delivery is generated

    After goods issue is posted for an outbound delivery, the scope for changing the delivery

    document becomes very limited. This prevents there being any discrepancies between the goods

    issue document and the outbound delivery.

    regds

    Jude

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