Scribd
Upload
27 views1 page

PTP Entries

ptp

Uploaded by

abhy17
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
27 views1 page

PTP Entries

ptp

Uploaded by

abhy17
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

P2P: FI+MM :

PR=> PO=> Goods Receipt=> Invoice Verification => Payment to vendor ME51=>ME21N=>MIGO=>MIRO=>F110

Purchase Requisition & Purchase Order - No Accounting Entry during PR & PO. Goods Receipt Inventory Raw Material A/C Dr To GR/IR Clearing A/C Invoice Verification/Receipt () GR/IR Clearing A/C Dr To Vendor A/C Payment made to Vendor Vendor A/C Dr To Bank A/C Issue/Consumption for Production Raw Material Consumption A/C Dr To Inventory Raw Material A/C (BSX) (WRX)

(WRX)

(GBB - VBR) (BSX)

Finished Goods/ Goods are received from the Production Order Inventory Finished Goods A/C Dr (BSX) To Cost of Goods produced A/C (GBB - ZOF)

O2C: Incoming Order => Delivery => Billing => Payment from customer FI+SD: VA01=> VL01N => VF01 => F-28

Accounting entry will take place at Post Goods Issue, Billing document and Incoming Payment. Goods Issue /Delivery Cost of Goods Sold A/C To Inventory Finished Goods A/C Billing Docs or Sales Customer A/C To Sales/Revenue A/C Dr (GBB - VAX) (BSX)

Dr

Payment Received from Customer Bank Clearing A/c Dr To Customer A/c

You might also like