Good Return Doubt

[Former Member]

Hi all,

I have created a GRPO the journal Entry was right

entry is Raw material Dr 25000

GR/IR 25000

and Immediately I have done goods return.

But when I see the journal entry in Goods Return, Price difference account got effected..

the entry for Goods return is

Ra material Dr - -10000

Price Difference Dr - -15000

To GR/IR 25000

I dont understand why my price difference account got effected?

Regards

Shashi

[Former Member]

Hi Chaps

I have Issue: We received Material and while in using it is faulty, i would like to send them for repair, what could be the best way.

Please advise me.

Thank you.

[Former Member]

Problem got solved.

Actually items are managed through Batch. at the time of goods return. different batchh was selected.

Thanks

shashi

[Former Member]

Hi Shashi,

Since you are using FIFO, the actual return of the goods will be the earliest Goods Receipt still on hand. It is not you just received from GRPO. Check all of the inventroy transaction for that item to see if it is correct or not.

Thanks,

Gordon

[Former Member]

Price Difference Acctu2013Expense Acct. Used for purchasing transactions where there is a price difference between base and target document andparts or all of the stock has been released prior to posting of document AP Invoice

[Former Member]

Hi,

Thanks but in my case there is no change in price of base and target document.

I have used copy to function from GRPO to Goods return.

Here, we are following FIFO valuation method. What could be the reason?

Regards

Shashi

Edited by: shashi mantripragada on Oct 7, 2008 2:23 PM

[Former Member]

Check out the Inventory Posting List for that Item in the 'GRPO'/ Goods Return.

There might be some transactions happened between GRPO and Goods Return.