Regarding change in stock account
Hi,
At the time of Production receipt, we will debit the FG Inventory and credit the Change in Stock A/C and at the time of delivering the Finished goods to the Customer we will debit to Change in Stock and Credit to FG Inventory A/C ( Simply reverse the entry).
Here I want to know what is Change in stock account and when is the Cost of goods sold A/C effected.
Thanks
Shah
Edited by: hsakhan on Jul 7, 2009 6:39 PM
Material movement should happen at standard price only. Kindly check what are you telling production order standard price must be price that is maintained in the material master only.
How did you determine the system is picking the moving average price in some cases at which period you are analysing.
Costing run is not being done you have mentioned then the standard price is same in every period.
Regards,
Divraj
Similar Messages
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Clearing of Change in Stock Account at the time of GR for Subcontracting
Dear,
We have created a PO with Item Category "L" for subcontracting.
At the time or GR system has posted below accounting entries:
GR/IR clearing account 500 -
External service account 500 +
Stock account: end product 950 +
Change involving stocks 950 -
Stock account: comp. 450 - (components cost)
Consumption account 450 +
I want to know how to clear Change in Stock Account.
Please advise.
Regards,
VivekHi:
As per my understanding this happens when MIGO is done in case of a subcontracting PO
Stock-CS/RM Dr
GR/IR Clear RM/PM/CS Cr
Inventory Change Sub-Cont RM Dr
Ext Serv Sub-Cont Dr
Stock-CS/RM Cr
Sub-Cont Cons RM Dr
Upon MIRO
Ext Serv Sub-Cont Cr
GR/IR Clear RM/PM/CS Dr
Inv Change Sub-Cont RM Dr
Vendor Cr
Duties Dr
Stock-CS/RM Cr
Hence Inventory change account is cleared as soon as MIRO is done. Hope it will clear your understadning
Regards -
Change in stock account nature
hello friends
during gr of subcontract order we saw that our stock account account is debited
and change in stock account is credited with same value. what is the reason behind it pleae explain it.its urgent. point will be rewardedHi Prem,
In Sub-Contracting you need to do Transfer posting first using MB1B. Here you will issue your goods to vendor, but no accounting document gets generated
Then your stock balance using t-code MMBE. It will show that stock with vendor the subcontacted material
At the time of Good Receipt from Subcontractor. following accounting entery gets generted
Purchased servies ac---Dr
To GR/IR ac
Counsumption of RM--Dr
To Inventory RM ac
Inventory Ac---Dr
To GR/IR ac..
Hope it will hellp you
Best Regards
Ashish Jain -
Price Difference Account and Change in Stock Account
Hi Experts,
What are the main differences between "Change in Stock Account" and "Price Difference Account" ?
Can anybody plz provide me the documents which gives sequential entries from GR to Payement involving these two Accounts?
Regds,
BijayHi
Change in stock is triggered when goods are delivered to stock (Fg location) thru movement type 101 - GR for an order.
During PGI - entry posted is
COGS - Dr
FG Inventory - Cr
Just though of correcting the message posted
If the above clarifies pls assign points as a way to say thanks -
hello friends
during gr of subcontract order we saw that our stock account account is debited
and change in stock account is credited with same value. what is the reason behind it pleae explain it.its urgent. point will be rewardedStock change account
this is P& L account and this account is - credit ie it goes in income side.
and its correct its not expense its income at credit entries goes in it and its P& L account.
or u can explane is other words like u are geting the inventory of finish goods is increased so its income to company and its a credit entry so it should go to right side of P&L that is income side, so its income account.
reward is usefull -
UMB : Change in stock account hitting at the time of MIRO
Dear Experts ,
I have a material with a moving average price.
The material was taken in stock in initial entry. in period 10.
Then the material was consumed in period 11.
Further the material was procured . The posting period in GR was 11 & the period at the time of entry was 12.
Now the MIRO was done for the material . At the time of MIRO the material price was revised .
The MIRO entry date was in period 12 & the posting date was in period 11.
The entries for GR are :
1000 1 89 20501000 INV. OF RM 209,272.50 INR
1000 2 96 10601050 GR/IR CLEARING OTH. 209,272.50- INR
Cenvat Postings are :
1000 1 40 21221004 EXCISE RG 23A HCESS 89.00 INR 00
1000 2 40 21221000 EXC RG 23A BED BAS 8,795.00 INR 00
1000 3 40 21221003 EXCISE RG 23A ECESS 178.00 INR 00
1000 4 50 10601230 CENVAT CLEARING 9,062.00- INR 00
The MIRO Entries are :
1000 1 31 200173 XYZ VENDOR 241,402.00- INR **
1000 2 86 10601050 GR/IR CLEARING OTH. 209,272.50 INR 25
1000 3 89 20501000 INV. OF RM 11,572.50 INR 25
1000 4 40 10601230 CENVAT CLEARING 9,062.00 INR 00
1000 5 40 21211000 INPUT ST BASIC 1001 362.20 INR
1000 6 40 21211001 INP ST EDUC.CESS1001 90.55 INR
1000 7 40 21201000 INPUT VAT 8,833.80 INR 25
1000 8 40 21201001 ADDITONAL VAT 2,208.45 INR 25
AND a separate accounting document is posted with the following entries :
1000 1 99 20501000 INV. OF RM 9,985.50- INR
1000 2 83 40101230 CHANGE REVALUATION 9,985.50 INR
Pls tell me why sould the material get revaluated ??? GL 40101230 is assigned to UMB.
Thanks in advance ..
AnisPlease tell me same issue i am getting.
System asking UMB key noit defined , we do not want to put in loss/gain from revaluation.
In one PO, we doing miro and at this time all matreial consumed in material master, there is no quantity and value.
In other PO, we doing miro for 32 quantity and at this time , 22 quantity present in material master and we getting this error .
But i do not understand , same scenario i checked in quality , it working.
please guide me
Thanks,
Dharmveer -
Regarding change in the account number for an existing service number.
Hi,
Here the scenario is as it goes:
A customer with an account number(20xxx) has a service number(4206xxxxxxx) mapped to it.
In the month of September. Till 28/09, the account number is mapped to this service number. For the next two days. It has been moved to another account number(22xxx)
Now in the Billing Summary/Account Summary when I select the month of September, it should show me both the account numbers one contains some data and some contains the other. But it is showing only the old account number in the drop down.
select * from
select unique
'false' checkbox,
ad.account_key as account_key,
ad.account_num as account_num,
ad.contact_name as contact_name
from
EDX_RPT_ACCOUNT_DIM ad,
select
xr4.*
from
select
xr3.CHILD_KEY,
xr3.OBJECTURI,
xr3.OBJECTTYPE
from
EDX_RPT_HIERARCHY_XREF_DIM xr3
where
xr3.OBJECTTYPE='edx:amf:billingaccount:'
start with child_key in (?)
connect by prior child_key = parent_key
) xr4
EDX_RPT_HIERARCHY_NODE_PERIOD np
where
xr4.CHILD_KEY=np.XREF_KEY
and np.PERIOD_KEY=?
) xr5
where
xr5.OBJECTURI='edx:amf:billingaccount:' || ad.BILLER_ID || '|' || ad.ACCOUNT_NUM
and ad.ACCOUNT_NUM like '%' || ? || '%'
and ad.contact_name like '%' || ? || '%'
order by
account_num asc
order by
account_key asc;
Please let me know how to edit this query.
what I have done was: I removed this part " and ad.ACCOUNT_NUM like '%' || ? || '%'" and it was giving me all the account numbers in that month. But it was user specific and it may affect some other users.Can you post some example data and expected output in a way we could use it?
And please edit your post to format the code using {noformat}{noformat} tags.
You've been a member here for long enough to have an idea how to ask a question and format code.... please read {message:id=9360002} -
Hello,
they changed a stock account in OBYC (same valuation class).
This means that some of the stock receipts happened on account X, while the goods issues now are being posted to account Y.
Account Y now has a negative balance.
Is there some trick (like for the changed reconciliation accounts) that transfers the balance from X to Y?
krHi,
It is not recomended to change the GL in OBYC for a existing valuation, If transactions already posted to related material.
Best way is Create new valuation class with desired GL assignment. post (Transfer) the material stock to an intrim account or dummy material code, close all open PO / PR for that material. and than chnage the valuation class in material master.
After change of valuation class, re-post the Material stock from intrim account/ dummy material to its original material.
But , After change in valuation class you cannot post any transaction to that material in prior date.
Hope this will clear your doubt.
Ranjan
Edited by: Ranjan.pearl on Jan 7, 2011 12:16 AM -
Hi,
we have an account (114410) which is "National compenent". It is a stock account and we need to include some information in the text fields to some cleared postings.
FB02 did not work.
Edited by: Naej on Jun 9, 2010 11:37 PM
Moderator: thread moved to Financials ForumHi,
If u want to change in Master then do it in FS00. if u want to do it only in that document then you can do it in FB02 only. Make sure that Prerequisite for document change is given.
Thank you. -
Changes in stock value of the material even after closing period
The client closes the accounts every month end. Say they close the books of accounts for the month of Jan07 on 31st Jan 2007. After closing the account they are running MC.9 to know the stock value of different plants for the previous month. i.e. for the month of Jan07. But every day when the client runs the MC.9 they found some differences in the stock price & quantity.
For better understanding, consider they close the period on 31st Jan. When they run the MC.9 on 2nd Feb it shows the value say 100$ and qty of 100. When we run the same report on 4th Feb the value got changed to say 98$ and qty remain same. Again when we run on 6th Feb the value is changed again to say 102$ and stock is 100.
We checked the MB51 with posting date & entered date. We could not find any back posting.
What could be the reason for the variation in the stock price & qty ? Any pointers will be highly appricated.Hi Venkat,
Your previous posting talked about variation in stock value and now you are saying that there are changes in stock qty also. So the better option would be to check those material which has variation and compare them with other standard reports to get a solution. Export the list of material to an excel sheet and compare them with that of the other reports. This would help you to find the materials which has changes and you can narrow down to the root cause. Once you get the material then u can go by posting date and find the movements.
Hope this helps. Reward if u find it useful.
regards
Anand.C -
Reg. Stock account purchase with sale order
Dear Friends
We want to purchase Row,semifinished and Accessories material with stock account against sale order (E). If we purchase without any account assignment mean the material goes to stock account base on their material type whereas If we use E the material account goes to consumption account,how to divert the account from going consumption to Stock account. Pls help me.
Thanks
Rajakumar.KHI,
First I want to Let you know that it is standard setting that when ever you procure with Blank account assignment category ,it Goes to the Stock account that is defined in the T code OBYC--
in the trsaction key BSX.
But know you are saying that you are using a account assignment category E.
Which says cleary that it has to a Sales order comsuption account.
KNow the question is wheter the you are able to See the Stock in MB52 under Special stock indicator E
or after GRN it is going to the consumption directly.
it happens completly depending on the acount assignment category setting
SPRO--> MM --> Purchaing (OLME) > Account Assignment> Define Acc asign.
in this for the account Assignment E check ..the below
Consumption Posting -- ? ,if it E ..then it is for sales Order.
Account Modificaition--? it would having some Key..
this KEy is the one against which GL the consumption should GO..(here you can change your GL if required)
it is maintained in OBYC-- Trasac - GBB> and in that gainst the key eg --VKA ..the GL is maintained .
and the other thing is Special stock indicatoe -- ? -- if it is E ..then it is allocated to Stock.
Hope so i am clear .on what to be done
Regards
Anjanna -
Reg. Stock account with sale order (E)
Dear Friends
How to purchase row,semifinished and accessories material against sale order (Acc.assignment cat.E)
If I purchase without account assignment mean materials are posted to it's material type correctly,but when I use E the material account goes to consumption account. How to prevent the material from going to consumption account and should come to under Stock account. Pls help me
Thanks
Rajakumar.KHI,
First I want to Let you know that it is standard setting that when ever you procure with Blank account assignment category ,it Goes to the Stock account that is defined in the T code OBYC--
in the trsaction key BSX.
But know you are saying that you are using a account assignment category E.
Which says cleary that it has to a Sales order comsuption account.
KNow the question is wheter the you are able to See the Stock in MB52 under Special stock indicator E
or after GRN it is going to the consumption directly.
it happens completly depending on the acount assignment category setting
SPRO--> MM --> Purchaing (OLME) > Account Assignment> Define Acc asign.
in this for the account Assignment E check ..the below
Consumption Posting -- ? ,if it E ..then it is for sales Order.
Account Modificaition--? it would having some Key..
this KEy is the one against which GL the consumption should GO..(here you can change your GL if required)
it is maintained in OBYC-- Trasac - GBB> and in that gainst the key eg --VKA ..the GL is maintained .
and the other thing is Special stock indicatoe -- ? -- if it is E ..then it is allocated to Stock.
Hope so i am clear .on what to be done
Regards
Anjanna -
G/L Account Determination - Variance - Expense and Stock Account
Hi All,
Under G/L Account Determination -> Purchasing tab -> General tab the last account is called "Expense and Stock Account", in some versions the same is called "Variance Account - Expense and Stock Account". In the help file and on the SAP Portal it is explained to be used as:
"Define a variance G/L account for clearing journal entries created by A/P credit memos that were based on A/P invoices or created by goods return that were based on goods receipt POs, in which the freight charges or the price were changed."
I'm trying to test this but recreating the scenarios described above the account will not be used. Can anyone help me what am I missing?
Thanks and regards,
NatHi ShriX,
I understand but my problem is when I'm testing these scenarios, in my test system the account is not used at all. For example I have an AP Invoice and when I turn it to an AP Credit Memo I change the price of the item. I would expect a posting to this account as it is specified in the help file, but in my case it doesn't happen. Do you know why?
Thanks and regards,
Nat -
Change G/L account for free of charge po good receipt .
We create free of charge po for sample parts.Because its price is 0 and will decrease moving average price.
( Our price control is moving average price .)
Our user hope system can support as below :
1.No ap -- ok .
2.Change G/L account for GR fi document
3.Do not impect moving average price
4.stock qty increase after GR
I try to copy movement type 101 to another .And receive po using this movement type , but it does not work.
Is anyone tell me how to config it?
Thanks very much.Hi Jimmy
Even MAP changes also, total stock value will be the same,
posting freegoods won't effect the stock value.
What exactly the necessity of restricting the moving average price change against freegoods posting.
Through standard SAP I dont think it is possible, if you really ned this then go for custom development.
Thanks & Regards,
Krish -
Delivery cost should upload on stock account
Hi Gurus,
My requirement is that delivery cost which i am putting at the time of raising PO should add to stock account. Suppose my PO value is of 100 rs
Total PO Value -- 100
Assesable value for excise -- 100 (It is required 100 not inclusive of labour cost)
Excise 16%-- 16.00
Educess on 2% -- 0.32
Value inclusive of ED and edu cess -- 116.32
Labour cost -- 10.00
Total value of PO -- 126.32
If i go like this then FI enteries at the time of doing MIGO are
Stock account Dr 100
Fright account Dr 10
GR/IR Cr 110.00
whereas frieght value is not uploading to stock account.
How can i cope with this situtation
Regards
VSHi,
Look at M/08 for the pricing procedure that your PO is picking up. Then, for the freight condition that you are worried about, look at the account key. Then go to OBYC and verify to which account it is assigned. If your FI wants that freight amount to be posted to stock account, change the account in OBYC for this key to stock account. It will post to stock account. From the details you provided it appears that you are using moving average price. So, you will have freight loaded to your material once you do the above config.
Reward if it works!
Regards
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