on 2024 Aug 15 3:40 AM
Dear Expert,
After ML settlement when I am reviewing the Accounting entry of Movement Type 601, 602 & 653 below Accounting entries I have found.
Case 1 | BSX | Stock of SFG Manufactured | Dr. |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
Case 2 | GBB | COGS SFG | Dr. |
UMB | Gain/Loss on Stock Revaluation SFG | Dr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Dr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Dr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
COC | Revaluation STD V ACTUAL SFG | Cr. | |
BSX | Stock of SFG Manufactured | Dr. | |
Case 3 | Same as 2nd No Case multiple PRY is there but UMB is not there | ||
Case 4 | GBB | COGS SFG | Dr. |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
COC | Revaluation STD V ACTUAL SFG | Dr. | |
Case 5 | GBB | COGS SFG | Cr. |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Dr. | |
COC | Revaluation STD V ACTUAL SFG | Dr. | |
Case 6 | GBB | COGS SFG | Dr. |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Cr. | |
PRY | Price Diff Sett. Trans to Next Level SFG | Dr. | |
COC | Revaluation STD V ACTUAL SFG | Dr. |
Why each and every cases Accounting entries has been changed. Please make me understand with proper logic.
1. In Case 1, only BSX & PRY is there with one Dr. line item and one Cr. line item.
2. In case 2, GBB, UMB, COC, BSX with one line item and PRY with multiple line item with Dr. and Cr.
3. In case 3, Same as 2nd case GBB, COC, BSX with one line item and PRY with multiple line item with Dr. and Cr. but UMB is not there.
4. In case 4, GBB with Dr. COC with Dr. both PRY line item with Cr.
5. In case 5, GBB with Cr. COC with Dr. PRY with 2 Cr. line item and 1 Dr. line item.
6. In case 6, GBB with Dr. COC with Dr. PRY with 2 Cr. line item and 1 Dr. line item.
Thanks.
Deb
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