PGI entry accounting related

[Former Member]

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

[former_member187989]

Check useful links

[Account Determination for PGI document|]

[Account determination at the time of PGI |]

[Former Member]

>

> 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

[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

[Former Member]

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