What is the difference between the stock transfer between
two plants belonging to same company code and those
belonging to
different company code?
Answers were Sorted based on User's Feedback
Answer / rupesh
If you are tranfering stock from 1 plant to another plant
means you are debiting liability from one department and
crediting to another department only (some time 1 segment
to another)because invenoty belongs to same comany
But when you are transfering stock from one company to
another (i.e cross company transfer ) here libility and
inventoy is being tranfer. so company has to pay tax to
Goverment accordingly
Is This Answer Correct ? | 65 Yes | 8 No |
Answer / varaghamurthy ck
For same Company Code: Stock transfer from plant to plant
affects both accounting and Materials Planning, as follows:
Accounting
Accounting is affected if both plants are assigned to
different valuation areas. This means that a stock transfer
leads not only to a quantity update but also to a value
update (stock value, G/L accounts). Thus, parallel to the
material document for stock transfer, an accounting
document is created.
For different Company codes:
During the stock transfer, two accounting documents are
created in addition to the material document:
An accounting document for the removal from storage at the
issuing company code.
An accounting document for the placement into storage at
the receiving company code.
The stock posting is offset against a company code clearing
account
Is This Answer Correct ? | 30 Yes | 3 No |
Answer / m p r
One more thing is transfering from one plant to another
plant with in the same company is Intra and if its between
different company code the nit is inter.
Is This Answer Correct ? | 36 Yes | 13 No |
Answer / vsssekar
Hi,
The difference depends on the valuation level that is
maintained. Meaning whether the valuation is done in the
company code level or in the plant level.
Based on this setting the creation of accounting document
and the material document will vary.
Is This Answer Correct ? | 18 Yes | 2 No |
Answer / muthu
Stock transfer between two plants belonging to :
1. Same company code - Intra company STO
2. Different company code - Inter company STO
Is This Answer Correct ? | 26 Yes | 10 No |
Answer / sandeep joshi
if we see the definition of stocktransfer it is movement of
goods takes places from one state to another,there are two
major part of stock transfer (1) there should be
registeration of branch and it should be add in branches
list in registeration certificate. (2) there should be role
of "F" form.This form is issued by the party to whom
delievery of stock transfer received,and it is issued to
that party by whom stock transfer being forwarded.Stock
transfer cannot be processed within state if we want to
stock transfer within state it could be done
upon "delievery challan"
Is This Answer Correct ? | 7 Yes | 8 No |
Answer / neeraj yaduvanshi
While transfering the stock from one plant to another
plant, then you have to raise an invoice inclusives of all
taxes depends upon the state and province.
Stock transfer is misleading word rather you say debit and
credit with inclusive of all bills/invoices to different
allocation.
Thanks
Neeraj YAduvanshi
Is This Answer Correct ? | 7 Yes | 11 No |
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