Answer Posted / rakesh
Chart of accounts :
1)It is a variant which contains the structure and the basic information about the G/L accounts.
2)It is the list of G/L accounts.
3)The COA must be assigned to every company code for which
accounts are to be set up based on structured concerned.
4) You define the individual components of chart of account
a) language
b) length of G/L account number
c) Group chart of accounts
d) status field.
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Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs
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