![]() ![]() ![]() Clearing GL accounts is to be mapped in WRX key in MM which is same for MIGO and MIRO.All vendors’ liability is recorded with reference to Purchase Order.All condition types are mapped on Purchase Order.Clearing GLs are used in Regrouping and Reclassification process plus one adjustment a/c is also created from the group of clearing accounts.Similar to that GNB is for the recording of liabilities įollowing points should be taken care for mapping GL accounts and process In standard we use three GLs to perform the process for BNG ![]() On the beginning of the next month user reverse the entry. To meet the requirement of audit under the head of current assets (b/s) the user will pass the above entry at the end of the month as it is the part of period closing activity. Stock in transit refers to material and other types of inventory that have left the shipping port of the seller, but not yet reached to the buyer. To record the STOCK IN TRANSIT transactions as period end activity closing entry is made and at start of next month reversal of the same entry is recorded in the system The topic of the Stock in Transit is highly valuable especially in the business environment where import transactions occur and business needs to record these tractions, SAP GR/IR functionality provides solid basis to design the solution to cater the business requirement accordingly. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |