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Former Member
Mar 01, 2011 at 05:59 AM

WIP coming due to high price of SFG as compared to FG


We have a issue in WIP settelment throug CO88, at the time of order creation and subsequent issue of components, the cost of component was more then the cost of FG and because of that total cost of GI was more then Cost of FG produced and so the difference of cost is coming in WIP

like A is FG and B is SFG

BOM is lile 1 A need 1 B and we have a order of 10 qtd of A which require 10 Qtd of B,

Cost of A is 2 Rs and cost of B is 3 Rs(They had not run the costing run before)

so the total GI is 30Rs and total GR is 20 Rs

although there is no WIP after completion of order but that diffrence of 10 rs is not going from WIP GL calculated after CO88

KIndly advice