What is price difference A/C why we use this A/C in what scenario we use Pric

What is price difference A/C why we use this A/C in
what scenario we use Price Difference A/C?

Question Posted / sandip.palit81

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What is price difference A/C why we use this A/C in what scenario we use Price Difference A/C?..

Answer / chandu pokala

while doing intergation FI with MM we do price diff a/c in
T.code. OBYC in that by using PRD A/c key we assign price
diff G/l a/c to post differance between purchase order
value and invoice value when we maintain material in MM01
as moving price

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What is price difference A/C why we use this A/C in what scenario we use Price Difference A/C?..

Answer / pp

if any price differences that may arise from PO price and
invoice price.Suppose if The material is valuated with
standard price at that time the difference would go to PRD
account.
The material is valuated with MAP price,If the material with
in the stock coverage,It would go to stock account.
Suppose if it is insufficient stock coverage with Quantity.
only the portion corresponding to the available stock would
go to stock account and remaining go to PRD account.

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What is price difference A/C why we use this A/C in what scenario we use Price Difference A/C?..

Answer / sandip

Thanks Chandu.

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What is price difference A/C why we use this A/C in what scenario we use Price Difference A/C?..

Answer / chandu pokala

iam sorry that not moving price that standard price in MM01