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Former Member

PGI entry accounting related

Hi experts,

when PGI happends entry like cost of goods sold debited and inventory ac creditied. however in inventory(Foreign stock, Indegious stock is there how i can bifurcate this 2 stocks and billing also.

Regards

Meera

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3 Answers

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    Former Member
    Jun 10, 2010 at 08:31 AM

    Hi Meera,

    Hopefully the inventory type could be mapped as valuation type of material and than only you would be able to trace the cost.

    Regards

    Sanjay

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    Former Member
    Jun 14, 2010 at 04:34 AM

    >

    > Hi experts,

    > when PGI happends entry like cost of goods sold debited and inventory ac creditied. however in inventory(Foreign stock, Indegious stock is there how i can bifurcate this 2 stocks and billing also.

    > Regards

    > Meera

    This is done in the MM front. You need to activate split valuation for this purpose. Maintain an appropriate valuation category in the accounting 1 view. Also maintain the valuation types you desire (indegenous, foreign etc) and maintain separate valuation classes for them.

    During delivery picking, you will have to mention the desired valuation type. The accounts will be determined based on the valuation classes.

    For billing, its better to have separate material numbers (which obviates the split valuation). Otherwise, you can create an access sequence that picks up price depending on the valuation type.

    Regards,

    Aroop

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    • Former Member

      Dear Aroop,

      I have checked and may be 70-80% correct. I will explain to my client. Very help ful clue you have given me.

      very very thanks

      Meera

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    Former Member
    Jun 26, 2010 at 06:14 PM

    Check useful links

    [Account Determination for PGI document|account-determination-for-pgi-document]

    [Account determination at the time of PGI |account-determination-at-the-time-of-pgi]

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