Stock in transit
I have some doubt for Stock in transit
Suppose i am doing STO for end of the month, i do 641 from the supply plant on 31/4/11 and next month i do 101 for the receiving plant, i would like to my material valuation will be for which plant.
Jürgen L replied
It is a stock transfer between 2 plants in the same company.
When you do the goods issue, then you withdraw quantity and value from the shipping plant, and at the same time you post into in-transit stock of the receiving plant.
The 101 movement will not create an accounting document.
In your very special case you would not even be able to post the goods issue, instead you would receive an error message that the date 31/4/11 does not exist in the calendar.