2024 Jul 29 10:02 AM - edited 2024 Aug 01 8:04 PM
Hello Experts,
I experienced that when I tried to do the MIGO (101 Movement) that time system fetched the PRD key only instead of BSX key. The system is generated below Journal entry only every time: -
Price Difference Account - - - - - - - Debit PRD
To GR/IR Clearing Account - - - - - - Credit WRX
The entry SHOULD be: -
Raw Material Inventory Account - - - - -Debit BSX
To GR/IR Clearing Account - - - - - - - - -Credit WRX
So, could you please guide me where I missed something with respect to configuration?
Thanks in advance for your prompt assistance.
Please Guide.
Regards,
Varun
Material Master - Accounting 1 view
Purchase Order
Migo
Migo Document
Here we can able to see that instead of Raw Material Inventory system fetched the Price Difference account which is assigned for PRD key.
Based on Screenshots -your material price Control is "S"-- which means BSX key will hit based on the standard price --not the PO Price -- That is why for your GR-101-- you are hitting PRD account.
if you want the system to hit BSX as per the PO price the Price Control should be "V" -However if you keep on using "S"--means you need to put $ value in the Accounting View--(As material has already created --you can not use MM02 but use MR21 to update the price)--
For Price Control V -- BSX and WRX will hit
For Price Control S -- if Price is 0 -(in your case)-- PRD and WRX will hit
if Price is say $10 - and PO Price is $11-- PRD for $1, BSX- $10 and WRX-10 will hit as per material valuation.
Read more about material price control S vs V my friend.
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