Hi Guru,
We have a PO created and Goods Receipt made. When we made a invoice using MIRO and reversed this invoice using MR8M
Goods Receipt Entry ( MIGO Entry)
Dr. Inventory account
Dr. PPV ( Account for Purchase price variance)
Cr. GR/IR account
MIGO Entry ( Invoice)
Dr. GRIR account
Dr. Gain/Loss account
Cr. Vendor
User revesed this entry using MR8M ( Credit Memo)
Dr. Vendor
Cr. GRIR account
Cr. PPV ( Another account for Purchase price varaiance) instead of Gain/Loss account.
Can i know the reason why reverse took a different account instead of Gain/Loss account.
Will assign good points.
Thanks