Hi
my client has specific requirements of capital planning, budgeting, depriciation forecast, and some Z reports to be developed on that basis. To assress this I am implementing Investment management. The transaction process will be as under -
1. Cerate Internal order (as investment measure) and AUC with it.
2. Create PO with Internal order assignment
I have a problem at the time of GRN with respect to the GL account -
The accountin entry at the time of GRN is -
Expense DR (P&L) - This is also cerated as a cost element
GR/IR CR
The user wants to use a balanse sheet account instead of expense. My understanding of the system says that we cannot use a balanse sheet account, firstly because the system will not allow creation of balance sheet item as cost element (except in some cases like asset recon account) secondly i think the solution design is like that so we need to have the PL account.
The entries that the client wants at GR is -
Balance Sheet DR
GR/IR CR
Please share your views and also let me know is there are any possibilities of cerating the GL acount BS account and using the Investment Management Solution.
Thanks a lot