double entry in obyc

[Former Member]

Hi,

I would like to seek verification of my understanding on obyc.

1) some transaction like GBB (offsetting) , FR1 (freight clearing), WRX(gr/ir clearing) are the other entry of the double entry for say BSX? example

Debit - Inventory account - BSX ( Transaction key)

Credit - GR/IR account - WRX

or

Credit - Inventory account - BSX

Debit- Offsetting Consumption account - GBB - VBR.

so can i say GBB, FR1 or WRX is the 1 side of the double entry?

2) may i know what other transaction are also serving as 1 side of the double entry in obyc? transaction like PRD is not as only when got price difference only will post to this.

thanks

[Former Member]

GBB, FR1 or WRX yes those are Ofsett account or clearing account

this gets cleared at the time of MIRO.

hope this helps

[Former Member]

Hi,

may i know if GBB & WRX is always pairing with BSX only? meaning both GBB and WRX only triggered when the transaction is inventory (BSX) related?

thanks

[kunal_ingale]

hi

yes it trigers in inventory

Offsetting entry for stock posting (GBB)

Offsetting entries for stock postings are used in Inventory Management. They are dependent on the account grouping to which each movement type is assigned.

GR/IR clearing (WRX)

Postings to the GR/IR clearing account occur in the case of goods and invoice receipts against purchase orders.

now this combination is set at movement level

check t code OMWB here click on SIMULATE here u can see the posting key combination as per movemnt

regards

kunal