Hi All,
When an GRPO is posted then the stock accnt is debited and the allocation cost account is credited. When succesievly the A/p Invoice is ceated the Alocation cost account is debited and the Vendor account credited. Now if the PL statement is generated the allocation cost is 0 balance. My client makes three entries on purchase- Purchase local, Purchase 3%, Purchase 4%. Now as it happens in sales, there is a sales revenue account where a seperate posting is made which can be seen in the ledger.and the total sale value can be seen.
Can this be done in purchase. how??
Three purchase account= Purchase local, Purchase 3%, Purchase 4%.