Posting in Material Price Gain/loss Account

Hi Experts
I am following FIFO method of Invetroty valuation. I have  copied a GRPO to AP invoice and no changes were made in Document. But journal entry is passed in Material price gain account
Regards
Joby

Hi Joby........
WIll you please mention here which Account in GRPO is Cr and Dr?
Also Please mention the journal entry which account is Dr. and Cr.
But with Value......
Please mention.......
Regards,
Rahul

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  • FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

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    Hi M J,
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    Kavita
    Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

  • How to post gain/loss on exchange rate from Money Market

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    Hai Surya,
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  • Inventory gain/loss

    Hi,
    Scenario:
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    Thank you.

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    <BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica">quote:</font><HR>Originally posted by [email protected]:
    Please forward any experiences with workarounds/processes for creating exchange gain/loss journal entries for foreign currency payments. Want to generate all journal entries through Cash Management.<HR></BLOCKQUOTE>
    null

  • Cash management - gain/loss journal entries

    Please forward any experiences with workarounds/processes for creating exchange gain/loss journal entries for foreign currency payments. Want to generate all journal entries through Cash Management.

    Normally exchange rate gain & loss is handled within AP when you make the payment (As long as you book the payment in the system in its proper foreign payment currency).
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    Tony
    <BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica">quote:</font><HR>Originally posted by [email protected]:
    Please forward any experiences with workarounds/processes for creating exchange gain/loss journal entries for foreign currency payments. Want to generate all journal entries through Cash Management.<HR></BLOCKQUOTE>
    null

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    Arvind Kumar

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    Nagesh

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