05-23-2011 2:59 PM
Hi Experts
May you please help explain the accounting impact of chaging the MAC price of a material using transaction MR21 or MR22. Also, what is the difference between these two transactions.
Thank you in advance for your help.
05-25-2011 5:20 AM
Hi there,
There's not exactly any major difference between MR21 and MR22 as both are used to revaluate the inventory.
Regarding the impact on the moving average price, it will be changed to the new price defined while update with either MR21/MR22.
An accounting document will be there which will debit the inventory revaluation account and credit (reduce) the inventory trading account. This comes under "BSX" price change for mapping the G/L account.
I hope, this answer your question.
Regards,
Kunwar
05-31-2011 8:26 PM
Hello,
With MR21, you can change MAC to a specific value. With MR22, you can apply a total amount which will recalculate the MAC based on quantity on hand, previous MAC and amount applied.
Thanks,
Venu