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Former Member
Aug 11, 2009 at 03:25 PM

Purchase account Management

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Hi Experts,

1) Can any one tell the Concept of Purchase account Management,

2) What is Purchase account ? and Purchase offseting account ?

3) Why it is required and ?

4) How to activate it ?

As usually we have 2 accounts when we do GR one is

Stock Debit ➕ 955.20

Goods Recipt / Invoice Recipt ➖ 955.20

But, after activation i heard it will hit 4 accounts

Stock Debit ➕ 955.20

Profit Loss- Vendor-Mtl ➖ 955.20

Pur Tradi Goods ➕ 955.20

PL- rgrp-Vndr-Mtrl-Offset ➖ 955.20

Please Suggest Valuable Inputs

Best Regards

Javeed