FREIGHT CLEARING

[Former Member]

I have a senerio where i have raised a purchase order for value 100rs, ie the net price of PO is 100rs, i have added a condition type ie FREIGHT as 10% thus the actal price of PO is 110Rs but the freight value is not disturbing the net price net price remains rs100, WHEN I DO MIGO, in accounting document the following are the entries

GR/IR= -100

STOCK ACCOUNT= 100

FREIGHT = -10

PRICE DIFF= 10

Can anyone explain how do i clear the freight accout when it is not been included in GR/IR,

[Former Member]

hi safrany,

from your accounting entries,i feel the material you are using with price control standard 's'.If you use price control -moving average price then it will include with your gr/ir account.Now as per your document it will be nullified in invoice verification will go to fright clearing account.

reward if useful.

regards

venkadesh