Automation in Stock Transfer
Suppose there is one material which is a by-product. On its production (101) entry will be like this.
Material Name:- Pig Iron
Production Scrap Inventory (Pig Iron) Debit - Stock Account
Inventory Change Cr - P&L Account
Now the same will be converted in to RM category with new material i.e. Pig Iron One
At that time entry will be
Raw Material Inventory (Pig Iron One) Debit - Stock Account
Production Scrap (Pig Iron) Cr. - Stock Account
Now my question is what about my inventory change amount as it should also be knocked-off to have its P&L impact as in abov entry, there is a stock to stock transfer and not change in P&L.
So I want a trigger entry like below.
Inventory change (New Code) Dr. (Pig Iron) - P&L Account
RM Consumption for Re Processing Pig Iron Cr. (Pig Iron One) - P&L Account
After this invemtory it will be very clear to guage my P&L impact and also the same can be further used for consumption.
So how to get this trigger entry (No.3) automatically as entries 1 & 2 is as per normal practice.