Error in P&L of SAP 2007B.
(SAP B1 Version----2007B, PL:04)
I've defined a code for "Sales of Goods" in our build up Chart of Accounts & defined revenue a/c,sales return a/c,sales credit a/c ,expense a/c,purchase credit a/c for a service item i.e. only purchase & sale ,
no inventory .
But the problem is -
after purchasing & selling that item ,it effects in expense of Profit & Loss, but doesn't effect in REVENUE of Profit & Loss Statement whereas the journals of Purchase & Sale are correct.
Allen Tsao replied
In the concept, the service type order will be treated as expense;
in your case, I think you should create item numbers in item master and tick "Sales item" "Purchase item" but not "Inventory item"; then your PO type is 'Item' and get what you want as Sales of Cost...
Hope this helps.