diffrence between BSX and GBB

[Former Member]

both the BSX and GBB are inventory postings so please tell me diffrence betn them

[Former Member]

For Example: during Goods Receipt

Stock Account - Dr (BSX)

G/R I/R Account - Cr (WRX)

Freight Clearing account - Cr

Other expenses payable - Cr

During Invoice Verification

G/R I/R Account - Dr (WRX)

Vendor - Cr

When the Goods are issued to the Production Order the following transactions takes place:

Consumption of Raw Materials - Dr (GBB VBR)

Stock A/c - Cr (BSX)

Rgds,

Narendar Konakanchi

[Former Member]

Stock posting (BSX)

This is used for stock postings.

at the goods receipts

Debit STOCK ACCOUNT(BSX)

credit GRIR clearing account (WRX)

Postings are not made to the account manually

Offsetting entry for stock posting (GBB):\

Usually these accounts are posted to a cost center.Usually these comes at goods issues to a cost center.

Offsetting entries for stock postings are used in Inventory Management. They are dependent on the account grouping to which each movement type is assigned. he following account groupings are defined in the standard system

VAY: for goods issues for sales orders with

account assignment object (account is a cost element)

VBR: for internal goods issues (for example, for cost center)

VNG: for scrapping/destruction

ZOB: for goods receipts without purchase orders (mvt type 501)

ZOF: for goods receipts without production orders

(mvt types 521 and 531)

If you intend to post goods issues for cost centers (mvt type 201) and goods issues for orders (mvt type 261) to separate consumption accounts.

regards,

Narendar konakanchi