Question:
Hi MMers
Can somebody please help me to post Freight amount to different account. For eg: Material Value =100, Freight = 10.
Amount should get should posted as follows
In MIGO
Stock Account = 100
GR/IR Clearing=100-
Freight Clearing = 10-
Freight Account = 10
In MIRO
Vendor = 110-
GR/IR=100
Fright Clearing=10
Can we post like this.
THANKS IN ADVANCE
Regards
Balu
Answer:
Hi MMers
Can somebody please help me to post Freight amount to different account. For eg: Material Value =100, Freight = 10.
Amount should get should posted as follows
In MIGO
Stock Account = 100
GR/IR Clearing=100-
Freight Clearing = 10-
Freight Account = 10
In MIRO
Vendor = 110-
GR/IR=100
Fright Clearing=10
Can we post like this.
THANKS IN ADVANCE
Regards
Balu
No, it is not possible. It is only feasible to post such planned freight costs to a separate GR/IR Freight Clearing Account during GR posting.
Cheers,
HT
Cheers,
HT
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