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

Posting frieght to another GL account

Hi

I am receiving goods of Rs. 20000 (Rs. 20 * 1000 units). My frieght charges are Rs.1000 which i am entering into purchase order (PO).

Now my requirement is that when i do goods receipt, the entry for frieght should not be loaded into inventory. It should be debited to another GL account (which is balance sheet A/c).

Now when i do goods receipt, my inventory is getting debited with Rs.21000 (basic + frieght) and not Rs.20000.

I tried changing accrual keys in M/08 and further i copied accural keys and condition type of frieght itself.

Inspite of this freight is loaded on inventory instead of separate line item.

Please help.

Add a comment
10|10000 characters needed characters exceeded

Related questions

4 Answers

  • Posted on Jun 02, 2011 at 04:29 AM

    Hi

    check this

    select freight condition type in M/06 t.code and check plus/minus sign for your condition.

    in calculation schema in M/08 mark this condition statical

    check OBYC setting for your account key and accrual key

    Regards

    kailas Ugale

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Jun 02, 2011 at 03:39 AM

    Hi,

    If freight cost to be captured in separate G/L account, select freight condition type in M/06 t.code ,go to details & select accrual flag in control data 2 TAB & select delivery cost(B) in condition category in contorl data 1 segment & save..But keep an account key & accrual key for the freight condition type in calculation schema in M/08.

    In OBYC, you need to assign accrual key with your Freight G/L.

    Now create PO & then Post MIGO and see the accounts posting!

    Regards,

    Biju K

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Jun 02, 2011 at 04:29 AM

    While creating is the freight cost adding to the basic cost,i-e is the price showing 20000 or 21000 in net price?

    If it is not adding, then u can follow the input given in previous thread.

    If it is being added in net price then it has to be done in a different way

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 02, 2011 at 09:59 AM

    I gave FR1 key acct key and ZMP as accrual in M/08.

    I have given GL accounts in OBYC against valuation class.

    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.