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author's profile photo Former Member
Former Member

Freight not to material cost

Hi,

Material 'A' with moving average price $100. Purchase order for 1 qty, price 100 and freight 10%.

Now i want stock account to be updated by $100, currently stock account gets updated by $110. material value also changed to $110.

Freight should not be included in material cost.

how to handle this.

Regards

fozters

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Mar 31, 2009 at 04:41 AM

    Hi,

    This all depends upon what Gl account u have maintained in OBYC for FR1 and FRE.

    Please change the GL account maintained in OBYC

    Regards,

    Manish

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 31, 2009 at 04:42 AM

    Hi,

    Maintain Standard price procedure "S" as $100. in MMR for the particular material,

    Then stock account gets updated for 100 $ only.

    Hope it will help you,

    Regards,

    Romaesh

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    • Former Member Kunal Ingale

      Hi,

      I gave frieght condition type FRA1, which has account key FRE and accrual FR1.

      While doing MIGO, BSX gets debited by 110, in which 10 is freight cost. GR/IR clearing account credited with 100. Freight clearing account with credited with 10 (transaction key FR1).

      I want BSX to be debited with 100 excluding frieght.

  • author's profile photo Former Member
    Former Member
    Posted on Mar 31, 2009 at 05:22 AM

    dear sir.

    for your fright condition in M/06, check accruals key should be unclicked.

    and in pricing procedure for the fright condition statical should be clicked and give the account key FRE1.

    for FRE1 in obyc assign the G/L account.

    then it will not add to material cost when you do the MIGO.

    regards

    jrp

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