on 07-09-2009 1:13 PM
Dear All,
Suppose there is one material which is a by-product. On its production (101) entry will be like this.
Material Name:- Pig Iron
1
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
2
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.
3
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.
Regards,
what you describe is not by-product but scrap-postings. You could save your material transfers and the postings if you in fact used the raw material pig iron one as by-product. You could have a planned qunatity of by-products but then always decide at confirmation time what the actual quantity of by-product was.
best regards,
Udo
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