MIGO Posting account determenitation
In PO i hav e given frieght charges. In MIGO posting my accounting documents which r updating r (Transaction keys)BSX, WRX and FR1. Is that correct? Ex-
Prasanna Kulkarni replied
Yes those r the correct entries.
When the GR is done then the Account postings are as follows.
1, Stock account debit to GR/IR credit.
Here the BSX key is responsible for the Inventory A/c which is debited.
2. WRX -- GR/IR cleasring key which is credited .
3. FRE-- Fright clearing A/c also which is debited.
Hope this helps.
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