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Former Member
Jan 12, 2012 at 09:14 AM

Cogm adn Cost of Sales

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Hi, Gurus,

I need some clarificatino regarding COGM and COGS.

While doing GR from Production order the system generating the followign accoutnign entries.

Dr. Inventory

Cr. COGM.

While delivery to the respect sales order:

Dr COGS

Cr. Invnentory.

my clarifition how it nullified the above COGM and COGS. It is keeping on the balances in FS10N.

Thanks and regards.

S.Siva.