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Former Member

Cost of Production is showing more

Hi,

When doing MIRO, Price differance of 1 Rs is posting to Inventory GL Account which is wrong. Kindly tell me where i can check the price Differance GL Account. So that i can change the Inventory GL Account from that place and give the correct GL Account.

Thanks

Suri

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    Former Member
    Jun 28, 2010 at 12:03 PM

    Hi

    Got o OBYC> PRD ( Trans & Event key) cehck the GL whics is assgined if required correct & assgin correct GL here

    regards-

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    • Former Member Former Member

      3765 is most likely the price in your order

      When the material was delivered it was thus valued at 3765.

      Now the invoice arrives and is posted in MIRO. The system balances the GI/IR and corrects the wrong valuation put on the materials received at the time of goods recept. It does this only when the material has price-control V and if there is still enough quantity in stock to revalue.

      If price-control had been "S" not "V" the price difference would have been posted to a price difference account, not to the inventory account.

      Hope this helps