Dear Gurus,
I have the following requirement by the client that need your assistance.
Price agreed $10/TO with material 17000 (TO).
we received 10 TO so at the time of GRN system generate the following entries
Debit - Stock 100 $
Credit - GR/IR 100 $
after that user will create the invoice of the above GRN, but physically not received the invoice from vendor, system generate the following entries.
Debit - GR/IR 100$
Credit - Vendor 100 $
but when actually receive the invoice from vendor, there is price is OK, but issue with the quantity, as the material is in bulk so there is a change of change a little variation of inventory during the journey, and already agree with the vendor that we accept his dispatch quantity, so at is time SAP generate the following entries, but my client don't want this entry.
Let say qty vendor dispatch is 12 TO, difference of 2 TO, and value difference is $ 20.
Current SAP entries:
Debit - GR/IR 100$
Debit - Price Difference $20
Credit - Vendor $120
Client required following entries
Debit - GR/IR 100$
Debit - Cost account $20 (so that material cost will be up by this value), not the price difference expense account.
Credit - Vendor $120
Please suggest me in this regard.