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Accounting Entry in MIRO

Former Member
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Dear Friends,

In one of my project all the materials are valuated at Standard Price.

During testing, I have created a MIRO document against a PO with total value of $100/- (PB00) only and the PO does not have any other condition. (Total Value $100/-)

I have entered the PO reference in MIRO and it automatically took $100/-

I have also entered Unplanned Delivery cost (Re-Packing charges) $10/- which goes to Price variance since I have not assigned any G/L account for the same.

I have also entered Freight Clearing Account $10/- (which is directly posted to a Separate GL in MIRO)

The total comes to $120/- (there is no Balance and it says the document can be posted with Green light )

The Accounting Entry should have been :-

Debit GR/IR = 100/-

Debit Pur Price Variance = 10/-

Debit Freight Clearing A/c = 10/-

Credit Vendor= 120/-

Where as I am gettig the following A/c Entries when I simulate from MIRO.

Debit GR/IR = 100/-

Debit Pur Price Variance = 9.09

Debit Freight Clearing A/c = 10.91

Credit Vendor= 120/

Friends, Please take me to the right cause for this error.

Thanks

Accepted Solutions (0)

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi

Please check the Config in SPRO-> MM-> Logistics Invoice Verification-> Incoming Invoice-> Configure How Unplanned Delivery Costs Are Posted, here for the Compnay code if you have selected as Blank ( Distribute among invoice items)

Then the entries are correct , As you have 10 $ as unplanned cost

So it is getting distributed equally between

two line items having 100 $ & 10 $

so the price variance account getting trigerred for

9.09

& the G/L for 10.91

The postings are correct only.

Thanks & Regards

Kishore

Former Member
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Thanks Kishore for your immediate response. I understand the cause now..

But would like to know what is the % in which it is apportioned..and based on what....

Thanks

Former Member
0 Kudos

Hi

the % division is like this ,

Total value to be distributed is 10$

First line item valued at 100$ so distribution (100*10/110) = 9.09

so thsi being added to the Price variance account

Second line item valued at 10$ so distribution is (10*10/110)= 0.91

this being added to the freight account 10+0.91

Thanks & Regards

Kishore

Former Member
0 Kudos

Very useful info. Thanks alot...