SD cycle and MM cycle with entries

Answer Posted / 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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