price variance

[sapmm6_kumar]

Dear Gurus,

The price is maintained properly in PO but while posting MIRO, the system is posting excess amount to inventory account for a particular material. The vendor payment is taking correctly. What is the root cause?

Regards,

kumar

[former_member756545]

Hi,

The system behaviour is correct.

if you have planned Rs 10 in po, and if the bill is entered for 12, the difference of Rs 2 goes to inventory account and changes the moving average price to Rs 12.

In case if you have issued this material before MIRO, then Rs 2 will be posted to Price difference(Gain/Loss) Accounts.

Regards,

Girish

[sapmm6_kumar]

Hi,

In miro the values are adjusted according to the vendors invoice as the values are not matching in PO.

Regards,

Kumar

[Former Member]

Inventory account will be hit only at the time of MIGO & not at time of MIRO.

Pl check & confirm.

Regards

Bhavesh Mistry

[sapmm6_kumar]

Dear Bhavesh,

Here are the entries..

K 16110010 ABC LIMITED / 600116 CHENNAI-MUGALIVAK 240,615.15- INR

2 S 16110304 GR / IR Clearing Account 119,091.46 INR

M 22000040 FUEL FILTER PN 60031932401 _13,227.70-_ INR

S 16110304 GR / IR Clearing Account 90,550.71 INR

5 M 22000040 ENGINE OIL FUEL FILTER PN 60021113401 139.95- INR

S 16110304 GR / IR Clearing Account 31,125.30 INR

M 22000040 DRAIN FILTER PART NO 569-16-811601 2.04- INR

S 16110304 GR / IR Clearing Account 10,898.94 INR

M 22000040 BREAK OIL FILTER PART NO 569-43-839-201 17.58- INR

10 S 16110308 Other/Handling clearing account 1,165.68 INR

11 M 22000040 Handling Charge-% 127.80- INR

12 S 16110308 Other/Handling clearing account 886.32 INR

13 S 16110310 P&F Clearing 106.68 INR

14 S 16110308 Other/Handling clearing account 305.13 INR

[Former Member]

Hi,

Check is there any difference between the PO amount and invoice Amouint,

So if diffrence is there , need to maintain the PRD account key and consult the FI person to make PRD account.

Regards,

Andra

[Former Member]

Did you add the delivery charges/freight charges to the inventory in PO/MIRO?

[sapmm6_kumar]

Hi Manohar,

The charges are added to the inventory.

K 16110010 ABC LIMITED / 600116 CHENNAI-MUGALIVAK 240,615.15- INR

2 S 16110304 GR / IR Clearing Account 119,091.46 INR 5100389

3 M 22000040 FUEL FILTER PN 60031932401 13,227.70- INR 5100389

4 S 16110304 GR / IR Clearing Account 90,550.71 INR 5100389

5 M 22000040 ENGINE OIL FUEL FILTER PN 60021113401 139.95- INR 5100389

6 S 16110304 GR / IR Clearing Account 31,125.30 INR 5100389

7 M 22000040 DRAIN FILTER PART NO 569-16-811601 2.04- INR 5100389

8 S 16110304 GR / IR Clearing Account 10,898.94 INR 5100389

9 M 22000040 BREAK OIL FILTER PART NO 569-43-839-201 17.58- INR 5100389

10 S 16110308 Other/Handling clearing account 1,165.68 INR 5100389

11 M 22000040 Handling Charge-% 127.80- INR 5100389

12 S 16110308 Other/Handling clearing account 886.32 INR 5100389

13 S 16110310 P&F Clearing 106.68 INR 5100389

14 S 16110308 Other/Handling clearing account 305.13 INR 5100389