SIT Clearing A/c for STO

Question

Dear Experts ,
Following scenario is expected to happen between 2 plants under 1 company code.
PO to be raised by receiving plant
PO Mat. Code --STB
PO Qty--100
Freight Condition --     2%
Octroi Condition --     2 % Octroi and Entry Tax Condition both would not be applicable at the same time
Entry Tax Condition-- 0 %
STO to be rasied by Sending Plant
STO Mat Code ---      STB
STO Quantity  --      100
Sending Quantity      100
*Sending Palnt transfers the 100 Qty of STB - Entry Would be*
SIT Clearing A/c Dr.     --     155000
To Inventory STB A/c       --     155000
Receiving Plant received the 100 Qty of STB - Entry would be
Inventory STB A/c Dr. (15500031003100)  --- 161200
To SIT Clearing A/c                -- 155000
To Freight Clearing / Payable A/c     -- 3100
To Octroi Clearing / Payable A/c          -- 3100
Please confirm, can we create such clearing a/c for material in transit ( STO scenario )
Thanks ,
Pradeep

Answer 1

Hi ,
Thanks for the response ,
We agree about  the PGI accounting entries & no such entries in SIT ,But as per requirement of business scenario , we need above SIT clearing A/c during STO.
Kindly confirm possibilities for the same.
Thanks,
Pradeep