on 04-11-2009 2:02 PM
Hi All
is it possible in migo screen to post like this.
Total PO Value Is : Rs: 100 for Qty:100 , So each Rs:1.00
Stock Acc: Rs:95
GR/IR Acc: Rs:100
Any loss Acc: Rs:5
Regards
Manju
k
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Hi,
Condition mention by u is possible.It totally depends upon how price control is maintained for the article.
If it is S(Standard) and price is maintained as 9.5 in master then ur condition comes into the picture.
And the loss is booked into price diff account(Expense account).
If price control is V(Moving average price) the it books PO price to stock account.
Hope this clears ur doubt.
Regards
AM.
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Hi,
If the price control in material master is maintained as moving average price, material will be valuated based on the PO price i.e Rs.100/- The account posting during GR is :
Debit - stock account- 100
Credit - GRIR - 100
If the price control in material master is maintained as standard price as Rs.9.5/ each, material will be valuated based on the price i material master and not based on PO price Rs.100, The account posting during GR is :
Debit Stock account - 95 ( Rs.9.5 x 10 nos)
Debit - Price diff account - 5
Credit GRIR - 100
Please check
Regards
Ram
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