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What is the accounting entry in the Financial books of accounts when the goods are received in unrestricted use stock? Also mention the settings to be done in the ‘Automatic postings’ in SAP for the specific G/L accounts.

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What is the accounting entry in the Financial books of accounts when the goods are received in unrestricted use stock? Also mention the settings to be done in the ‘Automatic postings’ in SAP for the specific G/L accounts. Empty What is the accounting entry in the Financial books of accounts when the goods are received in unrestricted use stock? Also mention the settings to be done in the ‘Automatic postings’ in SAP for the specific G/L accounts.

Post  michael_fico Fri Mar 23, 2012 6:14 pm

On receipt of the goods in unrestricted-use stock, the Inventory account
is debited and the GR/IR account gets credited. In customization, in the
automatic postings, the Inventory G/L account is assigned to the
Transaction event key BSX and the GR/IR account is assigned to the
Transaction event key WRX.

michael_fico

Posts : 163
Join date : 2012-03-23

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