Clarification on account entries for goods receipt

Hi Experts,
I have my accounting document for a goods receipt as follows. I understand that 3 sets of entries refer to 3 different SKUs in the GR. However I do not understand the purpose of having 3 sets instead of one clubbed double entry. Is there a way to track back to the corresponding GR line?
Any help is much appreciated.
Thanks in advance,
Em Jay

Material document number is stored in table MSEG and MKPF and accounting document number is stored in table BKPF and BSEG.
You can find the relation in table, you have to compare this BSEG table with MSEG table,
You will find the PO number (EBELN) and line item number (EBELP) in both table.
The EBELP will be same for each line item of accounting entry and material document number.
BSEG table
And MSEG table
Although you can assume there will be a sequence for material document number and accounting document number.
Suppose you have the 3 sets of accounting entry. The 1st set is for the first line of material document number, the 2nd set id for the second line item of material document number and the 3rd set is for the third line item of material document number.

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Account Postings for Goods receipt

Hello
When i am doing GR for a material ( moving avg price) with reference to P.O with 101 mvt type it is posting to 4 G/L accounts.
1.Stock account
2.GR/IR account
3.Scrap account
4.Scrap account
Why it is behaving like this.

Hi,
During Goods receipt system identifies two Account one is Debit entry and another is Credit entry if your material is set price control S then if any difference in materrial price and PO price there will be PRD account. How system idetifies these accounts are through OBYC You can check these below Transcation /Event key In OBYC.
1.Stock account ( BSX)
2.GR/IR account (WRX)
Just doubble click the key then check valuation calss and GL assigned.and also checkk the Transcation event key for scrap posting in Accounting documents by changing layout if it standard or any Z key for same in OBYC you check GL assignment.

Process order accounting entry for goods

Hi,
what accounting entry should get generated for goods issued to process order ( raw materia) and goods received from process order ( fg).
CHEERS

1. Raw Material Consumption Dr.
Inventory of Raw Material Cr.
2. Inventory of Finished Goods Dr.
Raw Material Consumption Cr.
Regards
Mohit

Account determination for goods receipt

for finish goods receipt, is the account determination by gbb/vbo?

If you mean the credit to the order / credit for production, that's GBB-AUF. VBO is subcontractor consumption.

Accounting Entries for PO Receipt

Hi All,
I am novice in AP hence request to help me.
I have created invoice for PO receipt.
Now, on receipt of Material, following DR/CR entries occurs.
Dr. Receiving Inventory A/c.
Dr. Receiving Inventory A/c.
Dr. Receiving Inventory A/c.
Dr. Receiving Inventory A/c.
Dr. Vat Interim Receivable A/c.
Cr. AP Accrual A/c.
Now, I want to check all of these accounting entries in PO/AP module.
Can you help me where I have to go for the same ? Please give me Navigation path.
Thanks
regards
Sanjay

Please refer to the Chapter "Standard Cost Transactions' in the Cost Management User Guide
You can download the documentation from
http://www.oracle.com/technology/documentation/applications.html
Thanks,
Anil

Automatic entry for Goods Receipt

Hi,
Is it possible to use other GL account (ex.Merchandise In Transit) when we do Goods Receipt of a specific inventory instead of GR/IR clearing account? Is GR/IR Clearing account is a standard account used when transacting goods receipt? Do we need to configure it? How can we do that?
Thanks a lot in advance.
kay

hi,
we need GR/IR clearing account since it is the offsetting account for GR/IR . So it would be better if we avoid Merchandise in transit.
regards,
Sandhya

Factory Output Account for Goods Receipt on Finished Goods Inventory

Hello Experts,
Factory Output Account for Goods Receipt on Finished Goods Inventory:
Could someone suggest if anyone has ever been able to separate the variances that normally post to a factory output account into one separate G/L account. My experience has always been that good receipts to finished goods inventory and the corresponding variances have always posted to the same factory output account. My client wants to separate this posting into two separate accounts. Any assistance will be highly appreciated.

Hi,
You can use separate G/L account for Factory Output Account for Goods Receipt on Finished Goods Inventory and Variances.
goto OBYC T.code do the following settings.
GBB-->AUA-assign gl account
PRD-->PRD-assign gl account.
one question from my side.
If you are using same account for both entries, where do you assing GL accounts in OBYC?
Thanks,
Rau

Conversion for goods receipt includes inventory

Conversion for goods receipt includes inventory uploading with and without batch management,, How can i do this

Hi,
You can use separate G/L account for Factory Output Account for Goods Receipt on Finished Goods Inventory and Variances.
goto OBYC T.code do the following settings.
GBB-->AUA-assign gl account
PRD-->PRD-assign gl account.
one question from my side.
If you are using same account for both entries, where do you assing GL accounts in OBYC?
Thanks,
Rau

Accounting Entry for Material has Standard Price

Hi,
If Material has standard price option, what is the accounting entry for the time of Direct Goods Receipt and from the production.
Material Value is : Rs. 100/-
Purchased value is : 90/-
from production : 110/-
Thanks in advance

Hi,
In STO, material posting with price valuated from issuing plant price. In your case, the transportation cost, you can capture to separate G/L account and pay to transport vendor.(In STO , one plant is vendor and another plant is customer, so a third party vendor involved for material transfer)
OR else use separate own Custom Condition Type with Special Condition Category instead of condition type P101 which have Condition Category "G", only responsible to pick the internal price
Regards,
Biju K

Report for vendor no., vendor name for good receipt documents on KSB1

Hello,
My client needs vendors on KSB1 report. I told them about offseting account, but it doesn't show vendor for good receipt documents.
Is there any place else they can view vendor, vendor name for those good receipt documents .
Any MM report or AP report .
Thanks,
T.G

Hi,
Please go to FBL1N, In Dynamic Selection give document as "WE", this will give and enable Purchase Order Number
This will give you Vendor Name, Purchase Order and FI Document number or u can try MB51, there you will not get Vendor Name, but you will get Vendor Code, Material Document Number and Purchase Order Number
Br,Vivek
Edited by: View_taurian on Oct 22, 2011 12:01 AM

Accounting Entries for Materials Return from Production Order

Dear Gurus,
I have a scenario here that a raw material, valuated at moving average = 151 and qty = 100, was issued to a production order last month. Due to some issue the order was not completed for a while and 93 qty was consumed for the order and because the remaining 7 were excess they were returned to the storage location. By that time the MOV had changed from 151 to 185 and the 7 qty was returned not at 151 (which would be correct) but at 185. This is a wrong accounting entry as it is showing an under consumption for the order.
Anyone have an idea why the system is doing this because the material should be returned on the price it was issued at so that the accounting entries are knocked off (The accounting entries for return deliveries to vendors are of the same price that they are recieved no matter how ever long a period they are returned). How do we stop the system from doing so and if it cannot be done what is the solution to the scenario.
Regards,

The normal entires are as follows (depending on your configuration);
1) Goods issue;
Credit inventory and debit COGS;
2) Billing document;
Debit customer account credit sales accounts;
3) Payment;
Credit customer account and debit cash/ checking account
pls assign points if helpful as a way to say thanks.

G/L Account is missing [Good Receipt-rows-Warehouse Code]

G/L Account is missing [Good Receipt-rows-Warehouse Code] '702' message 131-46
Hi everyone,
I know this is a simple question with a simple answer. However i have run through all the basics and still get the same error. Worst of all i had posted to the warehouse using the same function about 3secs before receiving this error and everything posted fine.
Any ideas?
Candida

Thanks for the reply, Candida.
Please verify the parent or component item quantities. The quantities may have gone to Negative. Hence, kindly ensure that an account is defined in the Negative Inventory Adjustment Account (Define Warehouse, Define Item Group, Item Level of Item Master Data, where appropriate).
I hope this solves the issue.
Regards,
Lorna

GL Account Postings for Goods movement

Hi,
I have a requirement to setup a account determination for goods movement for charity.
What happens is that at times goods are given out directly for charitable purposes.
This is done using a direct goods movement using 562. I need to know what kind of accounts should be debited or credited?
kindly advice.
thanks.

Hi,
Generally it should be Goods Issue against Cost Center through Movement Type "201" (Here create "Admin" Cost Center and in Text line mention the purpose as Issue to Charity)
Else create Charitable trust as a vendor and use option Goods Issue --> Others (Mvmt. Type 502) and issue the materials.
Accounting Entry should be;
Stock Account - Cr
Consumption Account - Dr
Also discuss once with your client.

How to stop Accounting Entries for certain Movement Types

Hello,
We are using Movement Type 511 to record free of charge receipts from vendors. Still it is generating Accounting Entries with Standard Material Price.
Is there any way to stop Accounting Entries for 511 and other Movement Types, where external business partners are involved ?
I tried IMG Setting "Define Account Grouping for Movement Types", where I did not tick in the field "Value Updates". But it did not work.
I believe, Account Grouping settings at the level of combination of Plant and Material Type takes precedence. There I have ticked in the field "Value Updates". So even if create a new Movement Type, with no tick in the field "Value Updates", it creates Accounting Entries for free of charge receipts from vendors.
Is there any way to stop any accounting entries in such cases ?
Basically I want 311-like movement type, but where external business partners are involved.
Thanks and Regards

Hello,
Thanks to you all for your quick reply.
I created a new Movement Type - copied it from 511 and made the changes as per your suggestions - disabled field "Value Update" in "Update Control / WM Movement Types".
Using MIGO when I try to receive the material, it gives me error "Update Control of Movement Type is Incorrect"
Any reason for this error ? I have disabled even "Check Account Assignment" in Account Grouping
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Wrong Accounting Entry for Rejection Excise Invoice through J1IS

Dear Experts,
When we are doing Rejection of Excise Invoice through J1IS, a wrong accounting entry is getting generated by system.
Where can I check the settings for Accounting Entry for Rejection Excise Invoice?
Thanks & Regards,
Reshma

Generally Excise Invoice for other invoice posting will be done through J1IV after creating Excise Invoice for other Movements in J1IS.
If Automatic Posting is activated against your excise group then you need not again to post J1IV. It happens along with J1IS.
By the by how you are returning Excisable goods through Return delivery with Original invoice 122 or through Return Purchase order 161 Movement type.
Have you entered Excise Rates BED, ECS and SECS in J1IS?
Elaborate in detail.

Clarification on account entries for goods receipt

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