can anybody please help me with this. We have a PO for a material which has 38 USD per 100KG and there were 900000KG ordered for this material. But now the invoice was received for partial quntity for about 600000 KG amounting to an amount which comes to 33USD Per 100KG. now what is the way to fix all this. The invoice has not been paid
Please letme know if you are posting the invoice before posting of the GR.and please post the long text of the error message.Error message may be due to incorrect entry of selection from Invoice/credit memeo/subsequent debit/subsequent credit for selecting the transaction.If you are entering the transaction Invoice at MIRO with reference to PO and (either PO based IV or GR based IV) you can enter the amount sent by vendor in his bill to your company.
The obvious solution here is to ask the vendor to send a new invoice for the correct amount if it is confirmed that invoice qty & invoice amount are not co-relating.
If this is unexpectedly not acceptable to your client organization, then you can post an invoice reduction by appropriately entering the correct qty & amount.
The negative moving average price could correct itself in the next material movement but if in the meantime it has to be corrected, then pick up the price change document that has caused the negative pricing.
To get rid of the error "Moving average price is negative", you can do the following .
1. Change price to a dummy price using MR21.
2. Post 202 against any GL account to correct moving average price.
It depends upon the price of the material.If you feel that the invoice price sent by the vendor is correct , if not the GR is posted to the PO correct the PO price.
If the PO price is correct ask the venodr to send you the subsequent invoice and enter it as subsequent adjustment at MIRO.
Looks like the PO price is correct and the invoice price is incorrect and when the accounts dept tries to post the invoice the system is stopping by throwing the error moving average price for material is negative.I'm confimring with the purchasing dept whether the PO price is correct or not?
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