Cost Of Goods Calculation

Hi All,
I want to know about cost of goods sold calculation.
I book a PO worth Rs. 149610.
Copy PO to GRPO. system created following JE
Goods Recd Not Invoiced                                                                   149610 (CR)
finished Product                                                149610 (DR)
Copy GRPO to Landed Cost for recording additional costs.. system created following journal entry
Finished Product                              35764.22 (DR)
Custom Duty                                                                    30764.22 (CR)
Clearing                                                                            2000 (CR)
Octroi (Local)                                                                    3000 (CR)
Sold goods from the batch in which above GRPO was created. System created the following journal entry.
Customer                                           35956.00 (DR)
CST                                                                                      705.00 (CR)
Sale Local                                                                     35251.00 (CR)
Finished Product                                                                32634.71 (CR)
Finished Goods u2013 Cost Of Goods Sold           32634.71 (DR)
How this amount is debited and credited to Finished Product and Cost Of Goods Sold Account ?
Thanks
Malhaar

Hi Rahul,
In My GRPO in all there are e items in 2, 3 and 4 qty respectively.
During GRPO:
Finished Product=149610
During Landed Cost:
Finished Product= 35764.22
So (149610+35764.22)/GRPO Qty (9) = Per Unit Cost during GRPO (20597.135)
Now when you sale against above GRPO then
you COGS Will be
In my invoice i sold all the above items in qty 1 each so
COGS= Per Unit Cost during GRPO ( 20597.135) * Sales Qty(3) Dr,
Finished Product= 32634.71 (CR) does not come to this
So this Finished Product 32634.71 (CR) is nothing but Per Unit Cost during GRPO*Sales Qty
Am i doing something wrong ?
Thanks
Malhaar

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Yes FOX can be difficult to achieve things that are simpler than simple
The way you described, it will only search fo a standard price on the same currency.
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Hi Raj/ Mahendro,
Thank you for sending me the reply. I will briefly explain you the our process. The purchase from external vendor is done in warehouse belonging to one company code. The purchase is done at Moving average price but normally for an article there are no price variations. Goods receipt in warehouse is done after adding freight and insurance onto the cost of article.This is the value at which we want to transfer to another site in anotehr company code.
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