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Hi. What are the accounting entries will happen after
PGI.Thanks ..

Answers were Sorted based on User's Feedback



Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / hari

cost of goods sold account DR
Inventory Account CR

Is This Answer Correct ?    15 Yes 0 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / balaji

COGS(Cost Of Goods Sold)---- Dr
Stock ---------------------- Cr

Is This Answer Correct ?    7 Yes 4 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / chandra mouli a

1) stock will be reduced inventoy account will be updated
2) cost of goods sold account will be updated
3) account doc (WL doc type) will be created
4) Delivery doc will be find in billing due list
5) Customer sales data will be updated
6) document flow will be updated 
  
  
  

Is This Answer Correct ?    3 Yes 0 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / neeraj

AFTER PGI -->
COGS -DR
IN A/C - CR

FLOW-->
INVENTORY - REDUCED
DL DOC- SHOWS IN VF04

OTC PROCESS FLOW-->
ORDER--> BEING PROCESS
DELIVERY--> COMPLETED

Is This Answer Correct ?    1 Yes 0 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / manoj kumar guin

Cost of goods(COGS) A/C will be debited.
Revenue account will be credited.

Thanks & Regards,
Manoj Kumar Guin
(9176591455)

Is This Answer Correct ?    1 Yes 1 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / ashraf

Goods Sent A/c…………………………..Dr
Cash Received A/C………………………Dr
To Customer A/c

Is This Answer Correct ?    0 Yes 2 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / guest

The G/L account gets updated where by the valuation
class of the material is also updated .

Is This Answer Correct ?    0 Yes 8 No

Hi. What are the accounting entries will happen after PGI.Thanks ....

Answer / ashk

Revenue A/C Debit
Customer A/c credit

Is This Answer Correct ?    0 Yes 11 No

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