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

Answers were Sorted based on User's Feedback



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

Is This Answer Correct ?    3 Yes 0 No

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

Answer / ck

Debited

Is This Answer Correct ?    2 Yes 2 No

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