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Former Member
Jun 03, 2008 at 05:36 AM

Price control

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Dear sapients,

Most of you might know this question very well...But i just wnt to confirm...as i confused

1.you are faced with the following situation:Price control[MAP]V/ PO price 10$.Warehouse stock =0/GR of 50 pc/GI =10 pc/Invoice for 50 PC@20$ .What is posted at the time of Invoice receipt?

GR/IR:500/stock:400/price differences:100/to vendor liability:1000

or

GR/IR:1000/to vendor liability:1000

Kindly clarify....

Cheers!

Sanjay