Answer / narendra deshmukh

ONLY ONE ACCOUNTING DOCUMENT IS GENERATE,
THAT DOCUMENT CONTAINS SIX POSTING LINES

INVENTORY OF SEMIFINISH
GR/IR
CHANGE OF STOCK
SUBCONTRACT LAB.
CONS. OF RAW MAT.
INVENTORY OF RAW MATERIAL


REGARDS,

NARENDRA DESHMUKH

Answer / laxman kamulugari

In Subcontracting process once accounting document created
but six line items i.e

If Raw material
Invetory - Bsx - cr
Stock issu to subcontracyor - GBB-VBO - Dr

If Finished goods
Inventory - bsx - Dr
Change in stock - Bsv- Cr

Services
Purchase service - Bsa - Dr
Gr/Ir A/c - Wrx - Cr

Answer / jack

For Subcontracting process these are the Accounting entries
we are identifying.

DR FG Stock/ SC By-Product Stock BSX
CR Change in Stock (FG/ SC By-Product ) (BSV)
(for finished goods received)
DR Subcontracting Charges (FRL)
CR GR/IR Clg (WRX)
(for moneys payable to Subcontractor)
DR Consumption (Components) GBB (VBO)
CR Change in Stock (FG/ SC By-Product ) BSX
(material provided to Vendor is now charged to expense)

Answer / basavaraj hiremath

If our po contents 2 components(which are to be sent for
subcontract) and 1 fg(which is to be received from
subcontract after job work) following accounting documnts
will be generated(8 a/c documents)

1. Stock A/c for FG - (+Dr)
2. GR/IR A/c - (-Cr)
3. Cost of FG - (-Cr)
4. Sub contract charges/Labour charges - (+Dr)
5. Consumption of Compenent-1 - (+Dr)
6. Stock A/c of Component-1(-Cr)
7. Consumption of Compenent-2 - (+Dr)
8. Stock A/c of Component-2(-Cr)

Above 8 documents are created when GR is happened.

Answer / sathya

While we are doing subcontract GRN,material document of the
finshed product and the service charges of the finished
product will generate according to the subcontracting P.O.
to the vendor.

Answer / sowmya

only one accounting document with six posting lines is
generated

Answer / sathya

Only one acccounting document will generate that too with
reference of subcontracting P.O to the vendor

Answer / mohan

Only one Accounting Doc will generate
but posting lines is depends upon components

In subcontracting process, BOM is created for a material.Though PO created for same material,BOM do not trigger in PO, why?

7 Answers   Cap Gemini,

What are the categories of purchasing information records?

0 Answers  

What are the lot size attributes a material can posses?

0 Answers  

What are the transactions that will result in a change of stock?

0 Answers  

Vendor has SAP ERP in the system. Buyer sent material to vendor. Vendor processes the material and sends the finished goods to Buyer. What is the process to be followed at Vendors ERP?

4 Answers  

What can be triggered by a GR?

1 Answers   Cap Gemini,

How does 'automatic account assignment' work in mm?

0 Answers  

How is a class created?

1 Answers  

Q. How to inventory excise duty in SAP?

8 Answers   TCS,

How to show the vendor codes for freight, Octroi and Comission at item details in purchase order

3 Answers  

How is a shelf-life item managed in SAP? What is the full cycle?

4 Answers   Accenture,

What are valuation area, valuation category and valuation class?

9 Answers   James QTC,