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Former Member

Inventory data G/L account

i want to know how to use the set G/L account by WAREHOUSE,ITEMS GROUP and ITEM LEVEL in item master data->inventory tab.

n how it work's??

and what is the effect of that in the particular item?????

help me

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2 Answers

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    Former Member
    Posted on May 02, 2011 at 01:15 PM

    Hi,

    Check this: items

    Thanks,

    Gordon

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    Former Member
    Posted on May 05, 2011 at 02:03 AM

    Hello Sachet,

    Configuration of G/L account totally based on how we going to represent ledger balance on balance sheet,Trail Balance and profit & losses statement.

    suppose let we take example of Current stock of Row Materials.

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    Set G/L account by ITEMS GROUP----

    If your client want to show ledger amount group wise(Raw Materials,Semi finished Materials And Finished Goods in balance sheet or SAP financial report.

    -


    Set G/L account by ITEMS Level----

    Client want to show ledger amount Item Wise( Finished Goods1,Finished Goods2 and Finished Goods3 or same raw materials) in balance sheet or SAP financial report.

    -


    Set G/L account by Warehouse wise l----

    Client want to show ledger amount warehouse Wise(Store,Finished good and other location warehouse) in balance sheet or SAP financial report.

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    And whenever you make transaction(Inventory Movement) on the particular item then first SAP check which type of configuration(Set G/L account ) is set according this SAP pick those ledger for auto posting on the transaction.

    For Account mapping you should discuss company accountant or CA then it will easy for you

    -


    Hope this will help

    Thanks

    Manvendra

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