What is the difference between Post Goods Issue (PGI)
Cancellation /reversal and Returns Process?
Answers were Sorted based on User's Feedback
As far as I understand, here's the main difference:
When reversal or cancellation is done, accounting documents
are created immediately and the postings are exactly the
opposite of what is created during PGI.
In returns process, accounting documents are not generated
as soon as the goods are returned.First a RE returns order
is created, then a returns delivery a credit memo is
created. Accounting documents are created only after the
credit memo is created. This is the main difference between
the two processes.
| Is This Answer Correct ? | 8 Yes | 0 No |
After doing the post goods issue all the documents in the
Finance in (FB03),material from the inventory will be
reduced.And the customers record will be credited.
And the delivery document is ready for the billing
(vf01).
Where as after doing the PGR,the inventory of the material
will be updated and simultaneously in Finance(Fb03) the
customers record will be debited with the value of the
material.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jameer1980
After doing the post goods issue all the documents in the
Finance in (FB03),material from the inventory will be
reduced.And the customers record will be credited.
And the delivery document is ready for the billing
(vf01).
Where as after doing the PGR,the inventory of the material
will be updated and simultaneously in Finance(Fb03) the
customers record will be debited with the value of the
material.
| Is This Answer Correct ? | 1 Yes | 1 No |
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