What are accounting entries in standard sub-contracting process?
Answer Posted / madhuraa balsaraf
Below accounting Entries are posting in Subcontracting
Debit
1. BSX : Stock a/c for assembly
2. FRL : Subcontracting Charges
3. GBB-VO : Stock a/c for Consumption of component
Credit
1. BSX- Stock a/c for component
2. WRX - GR/IR clearing a/c
3. BSV - Change in Subcontracting charges
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is mrp (material requirement planning) and what is the transaction code to access mrp list?
What is the lot size attribute of a material?
Upto what extent we can increase the length of materials master short text.
Outline 'stock valuation methods' for material revaluation?
Explain control data for scheduling agreements.
What is sap? How is it used in industries?
Define time-phased planning.
The terms planned delivery and gr processing time?
What is an 'mrp list'?
How much effort is it going to take to implement?
What is invoice verification?
What mrp procedures in consumption based planning?
What is the difference between planned and unplanned services?
Explain the types of subcontracting stocks in sap mm
What is meant by batches?