Account during inventory posting?

Question

Hi Guys,
Can you give u detailed explanation of the following accounts during inventory posting?
1.Incidental costs of external a 
2.Inventory posting              
3.Gain/loss from revaluation    
4.Purchase offsetting account
5.GR/IR clearing account         
6.Cost (price) differences       
7.Materials management exch.rate 
8.Purchase account  
These accounts can be obtained from simulating in OWMB with movement type 101.
Thanks in advance,
Alex

Answer 1

Hi Alex,
Basically the accounting entries you are checking in the OMWB belongs to movement type 101(As you know).So whenever GR is made following accounts are updated.Here few accounts belongs to if purchase offsetting account is active at your company code level which is purchase offset account and purchase account.
Now if you are making a GR of total value 100 then flow will be as follows.
Inventory account           Dr            100
GR/IR clearing account   Cr             100
If there is some price difference wr.t. MAP and PO rate then two case will be there
1. Purchase account  will be debited w.r.t. difference amount if stock coverage is there.
OR
2. Cost price differece account is debited.
In case of Material with standard price difference amount goes to
Cost Difference again
Material Management Exch rate accounts gets hit when there is difference in Foreign currency rate and your local currecy rate.
I hope now you must have good idea of accounts as per movement type 101
Regards
Vivek Sharma
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