Accounting Entries hit in Third party Sales Process

[Former Member]

Hi,

Can anybody tell which accounting entries are hit when we create the following entries in third party sales process

1.When Sales Order is created.

2.When PR is Created

3.When ME21N is done

4.MIGO

5.MIRO

please provide your valuable suggestion..

Thanks...

[pankaj_singh9]

Hi,

1. When Sales Order is created.

No FI Entry

2. When PR is Created

No FI Entry

3. When ME21N is done

No FI Entry

4. MIGO

 (GBB-VAY) COGS - 3rd Party A/c - Dr
(WRX) GR/IR Clearing A/c - Cr

5. MIRO

Vendor Account - Cr
GR/IR Clearing A/c - Dr

6. VF01

Customer Account - Dr
Sales Revenue A/c - Cr

[Former Member]

Hi Pankaj,

But when i am creating sales order for third party product i am getting this error

Not possible to determine a consumption account

so,this seems their is an account entry required and i have to tell fi guys which type of account they have to create and what would be the nature of that account.

thanks..

[Former Member]

Hi,

Check whether you have maintained a consumption account in OBYC transaction for the transaction key GBB for the General Modifier VAX & Val.Class (3100 -Trading Goods).

Hope it will solve your Issue.

Regards,

[Former Member]

Hi,

thanka a lot problem has been sold the same u told.