COGS and revenue Rec
Am I right in thinking that for a Price Procedure if the Cost condition (VPRS default) does not have an Accrual key assigned to it (or for any transaction in T683S) then the COGS is recognised at the same time as revenue i.e. at goods movement and billing?
Ravi Sankar replied
The COGS is recognised and the accounting document is created during the Goods Issue Posting. This is the result of the MM Account Assignment. The condition type VPRS in the pricing procedure is a statistical condition type useful for arriving at the net profit.