Hi. After PGI COGS will get debit or Credit. Please explain with any example.

Hi. After PGI COGS will get debit or Credit.
Please explain with any example.
Thanks

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Hi. After PGI COGS will get debit or Credit. Please explain with any example. Thanks..

Answer / basheer

Accounts are hit based on your settings of the movement
type and the G/L accounts in transactions OMJJ and OBYC.
The valuation class which you put in the material master is
also helpful in determining the G/L accounts for posting
along with your above transactions.
The accounting entries will be:

COGS: DEBIT
Inventory :CREDIT

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Hi. After PGI COGS will get debit or Credit. Please explain with any example. Thanks..

Answer / ck

Debited

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