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Track GR price Difference against PO price After GR done

HI Everybody,

I have maintained material 'X' for Rs.10 as Moving average price .I have created PO for Rs.12 and I have posted GR against PO, Now i do want track the difference amount Rs.2.If i would have maintained material 'X' as Standard price the difference amount get posted to Price difference account , no issues can anyone put me on this .

BR

govindaraj.d

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Sep 08, 2008 at 03:19 PM

    Hello,

    I don't quite understand your question. If you are talking about using str price for material, there will be an account for the amount difference.

    e.g.

    strd price 100, PO price 110, 1 unit: will be -100 for expense from price difference account

    strd price 100, PO price 90, 1 unit: will be 100 for income from price difference account

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  • Posted on Jan 16, 2009 at 10:16 AM

    closed

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