Hello Experts,
We have a requirement wherein the COGS Posting should happen at the time of Invoicing.
Our requirement is as below.
At the time of Post Goods Issue
Stock in Transit A/c Dr
Finished Goods A/c Cr
At the time of Invoicing we are expecting the below 2 entries
COGS A/c Dr
Stock in Transit A/c Cr
__________________________
Customer A/c Dr
Revenues
__________________________
We would like to know how to achieve the 2 the above mentioned 2 entries at the time of Invoicing.
Best Regards
Balaji Kancherla