on 07-01-2007 3:43 PM
Hi All,
what is the significance of COGS in SD.
Regards,
Sasmita
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Hi,
When you do PGI (Post Goods Issue) in SD delivery, T-Code VL01N, the system update or post the two GL
1. COGS (Cost of Goods Sold) :Debited
2. Material Inventory : Credited
I think it is helpful to you.
Have a pleasant evening,
AKT
Accounting Entry is as under:
Cost of Goods Sold -
Dr (Configured in OBYC GBB T-Key)
To Inventory Account --- Cr
The effect of above entry is the Inventory reduces & the incventory valuation changes, as the effect of change in Inventory.
Rajesh Banka
Reward suitable points.
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