In SAP MM ECC6.0, if a materials purchase order price is $ 10 per pc (with an order quantity of 100 pc), during invoice verification; the supplier invoice price of $ 12 per pc is accepted. What are the possible accounting and cost accounting postings at invoice verification ? (Assuming goods receipt and invoice verification in full quantity of 100 pc and tax = 0%)
(more than one answers)
(A) If the materials price control is “S” and standard price is $ 10; a debit to price difference account for $ 200 is posted.
(B) If the material price control is “V” and current stocks is 50 pc; a debit to the stock account for $ 100 and a debit to price difference account for $ 100 are posted.
(C) If the materials price control is “S” and standard price is $ 12; a debit to price difference account for $ 200 is posted.
(D) If the material price control is “V” and current stocks is 100 pc; a debit to stocks account for $ 200 is posted.
(E) If the material price control is “V” and current stocks is 0 pc; a debit to price difference account for $ 200 is posted.
.
(more than one answers)
(A) If the materials price control is “S” and standard price is $ 10; a debit to price difference account for $ 200 is posted.
(B) If the material price control is “V” and current stocks is 50 pc; a debit to the stock account for $ 100 and a debit to price difference account for $ 100 are posted.
(C) If the materials price control is “S” and standard price is $ 12; a debit to price difference account for $ 200 is posted.
(D) If the material price control is “V” and current stocks is 100 pc; a debit to stocks account for $ 200 is posted.
(E) If the material price control is “V” and current stocks is 0 pc; a debit to price difference account for $ 200 is posted.
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Answer: A, B, C, D, E
ReplyDelete(A) since the material "S" price is $10, and PO also at $10.
ReplyDeleteat GR: Dr stock $1000, Cr GR/IR $1000
at LIV: Dr GR/IR $1000, Dr Price diff $200, Cr Vendor $1200
(B) for moving average price, when the stock quantity is below the invoice qty, the price differences will be proportionately distributed to the stock account and price difference account.
(C) If the Price is "S" $12 and PO price is $10
at GR: Dr Stock $1200, Cr GR/IR $1000, Cr Price Diff $200.
at LIV: Dr GR/IR $1000, Dr Price Diff $200, Cr Vendor $1200
(D) Similar in explanation in (B), since the stocks is there, all price diff are posted to the stock account.
(E) Similar to explanation in (B), since no more stocks, all price diff are posted to the price difference account.