STO accounting entries with different price of same material in two diffrent plant

[ganesh240988]

Dear All,

I have one Stock Transfer Scenario, Plant A To Plant B in same co code

Transferring material through STPO --> & further GR at Plant B

The material is maintained with the 8 Rs price in plant A,

& The same material is maintained with the 10 Rs price in plant B,

The material is maintained with s-std price in both plants.

What will be the accounting entries in both the plants?

please advise further

[Former Member]

Hi Ganesh,

As you said the material is maintained with Std price in both the plant,

then the accounting entries will be like as below:

Stock Account           Credit           Rs.8               for Plant A (Business Area)

Stock Account           Debit            Rs.10             for Plant B

Price Diff Account     Credit           Rs.2               for Plant B

Hope this helps you..

Regards,

Ramesh

[ganesh240988]

Thanks ramesh....

[Former Member]

Hi Ganesh,

If your query is resolved, please close the thread or let us know if any question.

Thanks,

Ramesh