Skip to Content
avatar image
Former Member

Effects at Post Goods Issue.

Hi experts,

can any body tell me which are the 4 effects happen at the time of Post Goods Issue ?

I know only one i e Inventory A/C gets credited and COGS gets debited.

Prashant.

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

3 Answers

  • Best Answer
    Oct 17, 2008 at 09:26 AM

    Hai,

    after PGI:

    stock will be reduced

    inventoy account ll b updated

    document flow will be updated

    this del doc will be find in billing due list

    cost of goods sold account will be updated

    account doc (WL doc type) will be created

    customer sales data will be updated

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Oct 17, 2008 at 09:26 AM

    Dear Prashant,

    1.Stock will come down(MM posting) and COGS gets credited(Fi posting)

    2.Inventory vaue will get reduced(Fi posting)in the balance sheet

    3.Owner ship of the material will changed to the customer from the company.

    I hope this will help you,

    Regards,

    Murali.

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Oct 17, 2008 at 09:25 AM

    hello, friend.

    you actually cited 2 effects (decrease in inventory value, increase in cost-of-goods sold), and may have cited a third, which is that inventory quantity is updated. documents related to material movement and FI/accounting are also created.

    another is that by doing PGI, your transaction (delivery) now appears in the billing due list.

    regards.

    Add comment
    10|10000 characters needed characters exceeded