on 10-17-2008 10:18 AM
Hi experts,
can any body tell me which are the 4 effects happen at the time of Post Goods Issue ?
I know only one i e Inventory A/C gets credited and COGS gets debited.
Prashant.
Hai,
after PGI:
stock will be reduced
inventoy account ll b updated
document flow will be updated
this del doc will be find in billing due list
cost of goods sold account will be updated
account doc (WL doc type) will be created
customer sales data will be updated
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Dear Prashant,
1.Stock will come down(MM posting) and COGS gets credited(Fi posting)
2.Inventory vaue will get reduced(Fi posting)in the balance sheet
3.Owner ship of the material will changed to the customer from the company.
I hope this will help you,
Regards,
Murali.
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hello, friend.
you actually cited 2 effects (decrease in inventory value, increase in cost-of-goods sold), and may have cited a third, which is that inventory quantity is updated. documents related to material movement and FI/accounting are also created.
another is that by doing PGI, your transaction (delivery) now appears in the billing due list.
regards.
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