COGS account in subcontracting cycle

Dears,
In the subcontracting cycle, the accounting entry is:
Dr. Finished product inventory
     Cr. COGS
Dr. External activity
     Cr. GR/IR
Dr. Consum. Account for raw material
     Cr. Raw material inventory
My question is, why using COGS i thought it should be COGM as it's the cost of total operation, what is the business case for it.
Thanks & Regards,
Ahmed Samir

Hi Ahmed,
During goods receipt in subcontracting process the account assignment logic is as below (as per table T030):
Dr- Inventory Account (Finished product inventory) - BSX
     Cr- Inventory Offset account - BSV
(if there is a variance variances are also posted)
Dr - External Services availed account (External activity) - ERL
     Cr- Gr/ IR - WRX
Dr - Consumption of materials provided to Vendor (Consum. Account for raw material)GBB - VBO
     Cr - Raw material inventory- BSX
So please check account assignmentto transaction key BSV in table T030 (transaction OBYC) for your subcontracted finished goods.
Regards,
Szymon

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Pl tell me what r all the accountin keys ll hit in subcontracting Cycle

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friends
Pl tell me what r all the accounting keys ll hit in subcontracting Cycle, pl briefly tell me at the time of transfer posting, G/R, & at the time of Invoice....
thanks in advance...
Raghav.KH

Hi,
In subcontracting material provided to vendor but no accounting document generated during transfer posting as material is valuated in your plant level.
In GR, you have following key entries:
BSX (Finished Goods): Dr
WRX (GR/IR): Cr
FRL (Sub. Contract Charges): Dr
BSV (Change in Stock): Cr
BSX (Raw Material/ Components): Cr
GBB u2013 VBO (Consumption of Raw Material/ Components ) :Dr
""*PRD : Cr / Dr(Not always but depends onu2026..)
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Hello All,
I am curious to know if any one has created custom functions for
OM: General Cost of Goods Sold Account.
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CR: 40 (Raw Material)
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Hello,
I am new to the community. I have been working on learning SAP B1 8.8 since the beginning of the year. So far its been a great time
I have been searching for a solution for method of having multiple G/L Accounts and COGS Accounts in Delivery Notes. I have done the following:
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     d. Revenues -VC Latin America
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I close the other thread. The system made two posting.
Here is an example FMS I have been working on. I did not use the OCRD.AliasName as the text property did not match. I used the BP GroupName for reference.
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                         ELSE 'XXXXXXXXXXXXXXX'
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Edited by: Luis Molina on May 3, 2011 5:34 AM

PGI Date and COGS accounting date should be different

Hi All,
I have a scenario where the client wants to post the COGS account when the material reach to the Customer and on the same date wants to Invoice the Customer, this is required for the Matching Concept of Accounting so that Recognition of Cost and Revenue should be on the same Date.
For example : Order (01-01-2012) --> Delivery (02-01-2012) - material send to Customer and it reach to the Customer on 10-01-2012 --> PGI (10-01-2012) --> Invoice (10-01-2012)
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3) Is it possible through Standard SAP?
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For any further query feel free to ask.
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Hi Ram / Karthik,
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Hi,
when doing the sales delivery, i can change the GL account at the line Item.
Some item i want it go to the default GL account but for the COGS acct i want it "TO GO DIFFERENT COGS ACCOUNT"
I created a new screen for this.. but i stuck there..
Is there any way i can do this?
Thanks in advance..
Bruce..
Message was edited by: Frank Moebius
Changed subject since "Any idea?" might not be too specific

Hi Bruce
The best way to do this is not with development. You can set your gl by wh,item group or items. If the item belong to a specific group. Then make that item group with that certain gl acc determination and when posting documents sbo will do the rest. If it's specific items, then just do the gl acc determination on item level for those items. You can specify in detail for each item which sales,cogs,ect accounts to be used.SBO will do the rest again.
Hope this helps

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What's the column of COGS Account in Sales Order template to import through DTW?

Hi,
Taken from DI API help:
COGSAccountCode Property
Sets or returns the code of the Cost of Goods Sold account.
This is a foreign key to the ChartOfAccounts object.
Field name: CogsAcct
Length: 15 characters.
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COGS account in subcontracting cycle

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