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Former Member

Variance posting

Hi

I feel that when we settle the order, variance is posted through "Price Difference a/c & COGM Account". However, I also found that it is passed through "Price Difference a/c & Factory Out a/c". Which one is correct ? Is COGM & Factory Output a/c are one and same ?

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1 Answer

  • Best Answer
    Sep 22, 2010 at 04:36 AM

    Hi,

    both are one and the same... different companies call it by different names

    Regards

    Ajay M

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