Answer / hari

cost of goods sold account DR
Inventory Account CR

Answer / balaji

COGS(Cost Of Goods Sold)---- Dr
Stock ---------------------- Cr

Answer / chandra mouli a

1) stock will be reduced inventoy account will be updated
2) cost of goods sold account will be updated
3) account doc (WL doc type) will be created
4) Delivery doc will be find in billing due list
5) Customer sales data will be updated
6) document flow will be updated 
  
  
  

Answer / neeraj

AFTER PGI -->
COGS -DR
IN A/C - CR

FLOW-->
INVENTORY - REDUCED
DL DOC- SHOWS IN VF04

OTC PROCESS FLOW-->
ORDER--> BEING PROCESS
DELIVERY--> COMPLETED

Answer / manoj kumar guin

Cost of goods(COGS) A/C will be debited.
Revenue account will be credited.

Thanks & Regards,
Manoj Kumar Guin
(9176591455)

Answer / ashraf

Goods Sent A/c…………………………..Dr
Cash Received A/C………………………Dr
To Customer A/c

Answer / guest

The G/L account gets updated where by the valuation
class of the material is also updated .

Answer / ashk

Revenue A/C Debit
Customer A/c credit

what is the movement type for third party sales?

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1 Answers