increase &decrease in stock difference

[former_member600294]

increase & decrease in stock in profit&loss a/c represents as follows.

Cost of sales+ increase/decrease in FG+purcase offsetting a/c = increase & decrease in stock

increase & decrease in stock in B/S represents as follows

Opening stock - closing stock = increase & decrease in stock

Hence the issue is value of incr/decr in stock in P/L &B/S is not tallying.

please advice

[Former Member]

Hi

You check the P&L account Increase Decrease accounts grouping and compare to B/S stock accounts grouping. Whether the same logic is reflecting or there.

BSR

[former_member600294]

Hi BSR

do you mean that a/c group in TC-OBD4 or some thing different.

pl. advice

[Former Member]

Hi Shivaji,

Ex. In P&L, Increase/Decrease in stock value consist of some group of gl accounts value which we will do through FSV and in the same way check balance sheet grouping also.

BSR

[former_member600294]

Hi

i have checked the grouping in both P&L & B/S. there is no dicrepancies.Is there anything which is left off from MM & FI intigration.pl. advice.

shinaji