Please explain subcontracting accounting entries in SAP
with realtime example and amount.
Answer Posted / sreenivasa chary
raw materisl consuption ac - DR
Raw material A/c - Cr
semi finished a/c dr
inv change s/c - cr
External service A/c dr
GR/IR AC cr
During invoice
GR/IR Account - Dr
Vendor a/c - cr
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
Tell me what is the equation for acid-test ratio in accounting?
What is the difference between trial balance and general ledger?
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
What is the dual aspect concept?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
What is the tds effect in balance sheet if tds receipts?
Tell me do you have any professional experience of this field?
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
Explain what a deferred asset is and give an example?
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000