Hi,
I would like to clarify the calculation for the trading stock that out of coverage.
When GR, unit price $2 , quantity 100 and total value is $200.
Dr stock 200
Cr grc 200
1)
During invoice time, the quantity now only have 40 and total value is $80.
So when IR, how is the accounting entry as sufficient coverage only 80 and 120 should go to price difference?
2) after IR, in MM03, the total quantity and value is both 0. correct?
thanks