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Material Cost difference at the time of MIGO

Dear Experts,

My problem is *MIGO is done for material against PO & posting is also done but some difference amount is posted to Material Cost Difference because of which my bill is not passing. *

Can any body guide me?

We have activated ML, actuale in material master Standared Price & Moving Price is same & cost run is for the month 1, 2011.

How to make this material cost difference ZERO?

Thanks

Trupti

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2 Answers

  • Best Answer
    Posted on May 04, 2011 at 04:38 PM

    You might have price control - Standard price - 'S' in material master & different price maintained

    in purchase order on goods receipt,difference will be posted to price difference account.

    What is actual problem with bill passing ?

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  • Posted on May 05, 2011 at 08:51 AM

    Hi

    when a material is valuvated at a standert price,differnce between ,the purchase order price or invoice price and the price in material master record are poasted to price differnce acount

    inevntoru will post by standert price from material masterX GRn qty

    Gr/Ir account by po priceXGRn qty

    Price differnce will post to Price differnce account

    chek your setting in obyc for PRD trasnction key

    Regards

    Kailas ugale

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