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Automation in Stock Transfer

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,

Former Member
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