cchretien
28th June 2007, 15:15
We are using Infor ERP LN FP3.
For posting COGS PCS parameters are Post against actual cost
We place a purchase for a PCS item for EUR 95.-
We receive this item and use it in a PCS production order.
After this component is used in the production order we receive the purchase invoice from the vendor for EUR 94.- This generates following transactions, configured according to the Info Financial Integration Mapping document and to the User's Guide for Financial Integration
and Reconciliation Transaction (U8967BUS)
Purchase Order / Price Variance for EUR 1.-
o Debit Invoice Accrual - PO Receipt +1
o Credit Interim Variance - Purchase & Production +1
Warehouse Receipt / Variance Adjustment
o Debit Finished Goods -1
o Credit Interim Variance - Purchase & Production -1
Warehouse Receipt / Value correction
o Debit Finished Goods +1
o Credit Inventory Correction +1
All these transactions are OK
When we close the project (after processing all other required steps), a transactions PCS/Additional cost of good sol dis generated for the EUR 1.- price difference.
According to user guides, it should be configured
o Debit Cost of Goods Sold +1
o Credit Covered General Costs +1
Which in fact increases the COS while it was a gain.
In our opinion it should be :
o Debit Covered General Costs
o Credit Cost of Goods Sold
Did someone experienced this situation
Many thanks in advance and best regards.
Christian
For posting COGS PCS parameters are Post against actual cost
We place a purchase for a PCS item for EUR 95.-
We receive this item and use it in a PCS production order.
After this component is used in the production order we receive the purchase invoice from the vendor for EUR 94.- This generates following transactions, configured according to the Info Financial Integration Mapping document and to the User's Guide for Financial Integration
and Reconciliation Transaction (U8967BUS)
Purchase Order / Price Variance for EUR 1.-
o Debit Invoice Accrual - PO Receipt +1
o Credit Interim Variance - Purchase & Production +1
Warehouse Receipt / Variance Adjustment
o Debit Finished Goods -1
o Credit Interim Variance - Purchase & Production -1
Warehouse Receipt / Value correction
o Debit Finished Goods +1
o Credit Inventory Correction +1
All these transactions are OK
When we close the project (after processing all other required steps), a transactions PCS/Additional cost of good sol dis generated for the EUR 1.- price difference.
According to user guides, it should be configured
o Debit Cost of Goods Sold +1
o Credit Covered General Costs +1
Which in fact increases the COS while it was a gain.
In our opinion it should be :
o Debit Covered General Costs
o Credit Cost of Goods Sold
Did someone experienced this situation
Many thanks in advance and best regards.
Christian