PGI

[Former Member]

Hi all

Please tel me the account effect after PGI and billing

Manoj

[Lakshmipathi]

Dear Manoj

Search the forum. This question has been answered many times.

thanks

G. Lakshmipathi

[former_member315051]

Hi Manoj ,

Accounting entries would be

1. After PGI:

Cost of Goods Sold A/c Dr.

To Finished Goods A/c cr.

2. After Invoice:

Customer A/c Dr.

To Sales Rev A/c Cr.

To Taxes A/c Cr.

Regards,

Ramesh

Edited by: Ramesh on Mar 18, 2009 10:33 AM

[Former Member]

hi,

check out this thread, which was already discussed about this topic

thanks

Mohan

[Former Member]

Hi

Following are the effects of PGI

Stock quantity is updated.

Values are updated in inventory accounting.

Status in all sales document is updated.

cost of goods sold is updated.

Requirments is updated.

Billing index is updated.

Once Billing is completed

Accounting Documetn is genereted.

FI interface starts.

Delivery completion indicator is set to the delivery.

Hope this helps.

Thanks and Regards

Rohit.

[Former Member]

Hi,

Once you do PGI system will do changes in balance sheet accounts of inventory accounting.

In Billing the system automatically creates the following accounting documents.

G/L accounts,profit center,cost accounts,Accounting documents.

Regards,

Hari Challa.