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Former Member
Apr 18, 2008 at 11:52 AM

Product costing and probitability analysis



This is my issue

When a process order is settled, the following entries are passing by the system

510000 (consumption account) = 1622.42 (debit)

520100 (production order settlement standard) = 10067.58 (credit)

520110 Production order settlement variance = 8214.7 (debit)

530000 Gain/Loss price variance = 8214.7 (credit)

Balance sheet Account Change

131000 Raw material 1622.42 (decreased)

134000 Inventory FG 10067.40 (increased)

Is this correct. As a result of the above entries... in P & L consumption account is showing a debit of 1622.42 and production order settlement standard account showing credit of 100067.58.

If it is correct... my problem is how to map these accounts in COPA .....

If the above is not correct and am i missing anything....