GR

[Former Member]

Hi,

While doing GR,tax is added to the net amount and its going to stock account.

How to avoid this?

Regards

[Former Member]

Dear,

Addition of the freight to the stock a/c is correct.Because Freight condition type is of Delivery Cost.

it should be loaded on to the inventory

regards,

SNB

[Former Member]

Hi

Make the tax amount as deductable and give seperate condition type where the tax amount to hit maitain the condition type in FTXP. then it will goto seperate account.

Take help of FI consultant.

If the Tax amount is excise duties then FIRST STAGE DELEAR process to be followed.

Rgds

Srini

Edited by: Srinivasan KR on Sep 16, 2008 10:58 AM

[Former Member]

Hi,

How to avoid freight getting added to stock account when doing GR.

Regards

[Former Member]

Hi dear ,

If deductible Taxes is added on the inventory then check the 1)classify condition type setting or

2)check a/c key for if ticked for non-deductible taxes.

regards,

SNB

[Former Member]

Hi,

How do i trace that freight is getting added to Inventory during GR.

If i want not to be added,how it can be done?

Please show the path.

Regards

[Former Member]

Dear,

If u want to know the freight amount for that ur maintaining the condition type, a/c key and assigning the G/L account to the a/c key which we collect the amount of freight.

if u dont want to add it on inventory then what u want to ???

please clear /

regards,

SNB

[Former Member]

Hi,

Freight will be added to Inventory.OK

During GR itself,it will get added or during IR only?

Please clear

Regards

[Former Member]

Dear,

u can have a entry at the time of Gr which shows u the freight loaded on inventory

Entries are :

Inventory A/c Dr.

GR/IR clearing A/c Cr.

Freight clearing A/c Cr.

here in freight clearing account amount is ur freight amount which is loaded on inventory.

Regards,

SNB