Settlement for refurbishment order

[Former Member]

Dear Experts,

   We are facing an issue in settlement of refurbishment order.Iam enclosing details in cost tab after settlement.

GL106	Spares Consumables Consumption	177	177	0		INR
GL110	Repairs And Maintenance	111	111	0		INR
Debit		288	288	0		INR
GL112	Finished Goods Change In Stock	1.00-	1.00-	0		INR
Delivery		1.00-	1.00-	0		INR
GL112	Finished Goods Change In Stock	0	287.00-	287.00-		INR
Settlement		0	287.00-	287.00-		INR
		287	0	287.00-		INR

    We are using gl 110 fro external services

Gl 112 when goods receipt of  refurbished material with moving average price

After Settlement GL112  287 rs added to MAP of the material.

Here issue is cost which is consumed in GL 110  IS NOT GETTING NULLIFIED due to that our account team what to change GL110 with gl112 which we have tried but in gl112 direct posting not allowed as same is control gl.

With regards

Anand

[Former Member]

Hi Anand,

Please check below thread,this will help you.

Regards

Vivek Patil.

[Former Member]

Dear Vivek,

   Below is the process for refurbishment order we are doing

1]create refurbishment order in iw81 for motor 1 qty

2]create external service for motor rewinding which cost us 288 rs [Gl account is GL110] -consumtion account for service

3]Service sheet entered for service

4] Grn happen for refurbished motor-GL112-moving average price 1 rs

5]teco of the order

6]Settlement of order balance 277 rs added to the map.[GL 112 to inventory account]

My point is cost we have consumed during service where this cost has gone.In our consumtion report it is showing .But actually this cost has gone back to inventory after settlement.

Regards

Anand

[Former Member]

Hi,

After service entry sheet, this 288rs cost should reflect in actual cost to your order as a consumption and Grn 1rs from the order,this updated to your  inventory as a repaired cost.so this scenario is correct.

Regards

Vivek Patil

[Former Member]

Hi Vivek,
   Senario is correct but our issue is What will happen to the cost we have incurred during  services.Cost will be shown against the gl account.

Regards

Anand

[tajinder_singh]

Hi Anand,

I am not sure if I am able to understand your problem exactly. But refer to this document which I created some time back. Seems like system is behaving as expected.

Hope this helps!

Thanks,

Tajinder

[Former Member]

Dear Tajinder,

Below are the issue we are facing .

For GL 110 We are incurring the cost to expence account

While grn cost hitting Gl 112 and after settlement 287 rs added to inventory account

My point is when  ever we have spent for servicing which has hit the expense account is not nullified   for gl110 after settlement.

As per our account team ,there  point is what will happen to 288 rs we have send for servicing .If is showing as consumption .But in reality   spare is going to stock.

With regards

Anand