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author's profile photo Former Member
Former Member

"Reverse" planned delivery costs stated in PO

Hi,

In PO, we planned this delivery costs. During Post Goods Receipt, the amount of this delivery costs is debited into stock. So the accounting entries during PGR is Debit Stock, Credit GR/IR

But later, we discover that this is wrong- there will not be any logistic invoice for this and there will not be such costs. How can we reverse such an entry and close the outstanding PO due to this line? So I want to Credit Stock, Debit GR/IR. If there is no stock, it should be posted to Cost of Goods Sold.

Your help is much appreciated.

Thank you.

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    author's profile photo Former Member
    Former Member
    Posted on Jan 16, 2012 at 10:30 AM

    Hi,

    Please check transaction-MR11 ,it will post the differences of GR/IR as per your requirement.

    Thanks & regards,

    Sandesh Sawant

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