SD cycle and MM cycle with entries
Answer / rajesh vadlamudi
SD :-
inquiry > quotation>> sales order> Initialization of stocks- (entries: finished goods stock a/c Dr
to increase or decrease stock a/c cr
> delivery of goods( entries:Increase / decrstock a/c Dr
to finished goods a/c cr
> billing( entries: customer a/c dr
to sales a/c cr
MM:-
material requisition > perchase requisition > call for quation > Analysis of Quatation > purchase order > MIGO( Goods recipt ( enties: Inventory of r/m a/c dr
to gr/ir a/c cr
> MIRO(invoice recipt)- entries: Gr /ir clearing a/c dr
to vendor a/c cr
> issue of material to production - (entries : r/m cosumption a/c dr
to inventory of r/m a/c.
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