What happens when you post goods issue after delivery? How does the inventory get reduced after the delivery?

  • Interview Candidate
  • 15
  • 9200

Showing Answers 1 - 15 of 15 Answers

madhavi

  • Mar 7th, 2005
 

after post goods issue the amount of stock reduces in the plant, value of stock reduces in the plant,when invoices are received the revenue accounts updated,also no requirement sits in the stock requirements list (md04)

  Was this answer useful?  Yes

sankara narayanan

  • Mar 19th, 2005
 

When we issue goods, stocks have been updated in inventory. The value of the stock issued will get credited to the inventory and will get dibited to user cost centre or particular account.

  Was this answer useful?  Yes

reddy

  • May 21st, 2005
 

movement type actually helps in updating the stocks,movement reducesthe stock in plant and posts to FI 

  Was this answer useful?  Yes

govindaraj.d

  • Aug 15th, 2007
 

The consumption account updated in MMR as well as warehouse stock will be reduced when you post goods issue.

  Was this answer useful?  Yes

ajspalia

  • Jan 6th, 2009
 

The question little bit confusing. Anyhow when goods are received and invoice posted the received qty gets added to inventory in stock ledger and at the time of issue the stock ledger gets reduced by the number of units issued. A priced stock ledger would carry valuation part aswell alongwith issue and reciept of qty. In SAP the valuation methods can be either standard or weighted average. Simultaneously a debit/credit entry is also posted into GL. This is how the MM transactions takes effect into Finance. On receipt of material - materials a/c is debited (debit what comes in - real a/c) and vendors a/c is credited (credit the giver - personal a/c). At the time of issue material a/c is credited(credit what goes out - real a/c) and expense a/c like consumption of goods a/c is debited(debit all expenses - nominal a/c).

anoopjeet

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions