Adjustment Entries in ILE

krishnamk

Dear Friends,

I have problem in Item cost entries.

Whenever I do undo sales shipment, the system is creating extra entries in ILE with type Adjustments for related Items. They are purchasing transferring and selling. That is all.

G/L are affected in the financial which is closed.

Please help me.

Warm Regards
Kris

krishnamk

Please help, and find it is problem with cost method, or negative stock issue

Miklos_Hollender

G/L is affected because you have expected cost posting turned on in the inventory setup, which means not only invoices will book inventory costs but also shipment notes. In my experience most companies will either not want it or if yes then link it with some very "technical" G/L accounts that are not part of the usual balance sheet and P/L.

Another thing is that you can only do an undo as long as it is not invoiced, and you are closing financial periods without invoicing shipments? That... cannot be a correct closer procedure. Seriously one of the most basic steps of closing is to ensure all shipments are invoiced.

krishnamk

First of all thank you for reply.
I did not active 'Expected cost' in the setup. I know if we do we may require interim accounts also.

When I undo shipments which were pending in the closed financial year. some entries done in Value entry for related item.



Please help

Warm regards
Kris

krishnamk

Please suggest

krishnamk

Any help please