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Former Member
Mar 10, 2009 at 09:54 AM

AP invoice vs AP credit memo - Journal entry difference


Hello Experts,

This regarding Create A/P Invoice for an item with value 1000. Correspondingly create a A/P Credit memo for the same bill with 800 value. if you see journal entry the difference amount is tracking in Exp. And Inv. Variance Acct. if it is single of warehouse.

My scenario is GL account set by warehouse. And in our project there are six different warehouses.

Above scenario happens in all six different warehouses, can you guide me where to set Exp. And Inv. Variance Acct. in the warehouse accounting.

Please help me in this regard,