WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI

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Question Posted / krishna mohan

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WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / vaibhav

When you do PGI...
FG Inventory Account gets Credited
and COGS (cost of goods) Account gets Debited

Is This Answer Correct ?

4 Yes

0 No

WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / shriya

when we do pgi three things takes palce

1. The stock is reduced from the storage location or
storage bin

2. The G/L account gets updated where by the valuation
class of the materila is alos updated .

3. Profit center is updated .

4. Sales document is updated .

So when PGI IS DONE from MM POINT OF VIEW Valuation of
material takes palce and from SD Point of view G/ L
account and profit center updation takes palce

Is This Answer Correct ?

5 Yes

2 No

WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / sachin

In G/L Acc "Cost of the goods sold" will be updated

Is This Answer Correct ?

3 Yes

0 No

WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / nand6353

1.Stock Update
2.Inventory A/c document generate
A/c enteries:- cost of goods sold A/c ----Dr.
To Inventory A/c------------Cr.
3.It updates in document flow
4.It updates in credit mgt.
5.It update in billing due list
6.It update in LIS

Is This Answer Correct ?

2 Yes

0 No

WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / srinivas

when u do the PGI

the document flow will be updated

inventory mgmt updated

stock will be reduced from the plant or what ever it may be

Is This Answer Correct ?

0 Yes

1 No

WHAT ACCOUNTS ARE UPDATED WHEN U DO PGI..

Answer / syamala

Material Document A/C is updated.

Is This Answer Correct ?

0 Yes

2 No

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