Goods issue

[Former Member]

Hi,

do you think that mvt 601 must create FI/CO documents ?

Regards

[Former Member · Accepted solution]

Hi,

CO document will only created after the invoice as it settles the Costing account and post the entries in Customer account.

After Goods issue, the accounts never hit the customer Account, Customer account will be Dr only after Invoice.

Thanks,

Raja

[Former Member · Accepted solution]

My sincere Appologies,

I dont know how the same message posted many times, It has given me some parent key child ket error so i posted again.

Thanks,

Raja

[Lakshmipathi]

Yes definitely. By the by can you please let us know what warrants you to post this question ??

thanks

G. Lakshmipathi

[Former Member]

Hi

All sales orders deliveries are done using the 601 movement type except consignment where when we do PGI in delivery it creates a material document you can check it in MB03

the accounting entries will be

COST OF GOODS A/c Dr.

TO Inventory A/c cr

regards

[Former Member]

SAPBUG,

Movement type 601 tells that your product is going outside of ur Location, means there is changiing in the ownership from Company to the Customer or Transporter. It will definetly affect the Following accounts

1. Inventory account ( as the quantity becomes less)

2. Costing account ( As the cost of goods sold be credited)

So after this you will bill the customer by debiting the customer account.

Thanks,

Raja

[Former Member]

Hi,

if I look the material document related to mvt 601, system doesn't create any CO document.

How can I set by trx OBYC so that will be created a CO document ?

Regards

[Former Member]

Hi,

if I look the material document related to mvt 601, system doesn't create any CO document.

How can I set by trx OBYC so that will be created a CO document ?

Regards

[Former Member]

Hi,

if I look the material document related to mvt 601, system doesn't create any CO document.

How can I set by trx OBYC so that will be created a CO document ?

Regards

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

SAPBUG,

Just think the scenario: Till PGI you have only issued the Goods to the customer. After Invoicing only the GL Account of the customer should be hit as then only we must debit the customer account and Credit the COGS account. And the CO document is Cost element document which should be cleared.

There are various factors which should be kept in view before creation of any CO document which affects the accounts of the customer.

Thanks,

Raja

[Former Member]

Hi,

CO document will only created after the invoice as it settles the Costing account and post the entries in Customer account.

After Goods issue, the accounts never hit the customer Account, Customer account will be Dr only after Invoice.

Thanks,

Raja