Dear Sapiens,
I have Accounting view for scrap ,material and it has value of Rs100/Kg
I have Subcontracting BOM in which I have given the scrap material in negative quantity.
Now I raised Subcontarcting PO and did GRN ,and saw the Accounting view of the postings
Postings are as follows
Stk RM ind 268.21
GR/IR 121.33-
Sub Con RM 268.21-
Job wrk chg 121.33
Stk RM ind 4011 226.88-
Sub Con RM Indg 226.88
Stk scrap 80.00
Chg in stk scrap 80.00-
The value of RM material received from Subcontractor is reduced by scarp value is that correct