Skip to Content
author's profile photo Former Member
Former Member

Reversal from Part 1 &2 against sale of bought out components

Dear All,

Pl. help me to map the following scenario :

Client is a manufacturer. Some times client sales the bought out components (which are used in it's routine production) to customers as it is legally permitted. Now client wants that sold qty & values should get reversed from RG 23 Part1&2, and it should not touch RG1 register.

Example :

Purchase - 100 EA - Part 1 &2 updated with 100 qty & respective val.

Sale - 20 EA - Part 1 &2 should be reversed by 20 qty & respective val.

Pl. help...

Regard

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on May 05, 2011 at 07:10 AM

    Hi,

    If you have declared the material as Finished Good in J1ID then it will hit RG1.

    IIf you want to reverse the Part 1 & Part 2 postings of Sale then you can use the transaction J1IIN Cancel excise invoice option.

    Thanks & Regards,

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.