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MIGO Posting account determenitation

Hi,

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-

BSX- 5500

WRX-5550

FR1-50

Former Member
Former Member replied

HI,

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.

Regards,

Prasanna

Pls award if helpful

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