Accounting Entries related to MM transactions...

Initial stock entry:

Movement type - 561(Receipt per initial entry of stock balances into unrestricted-use)

TCODE - MB1C

FI Document Type - WA

89

Raw material

BSX

S

91

Initial Stock entry

GBB

BSA

H

Physical inventory differences:

Movement type – 702 (Goods Issue – Physical Inventory difference) this is triggered because of the movement type 102, which is given while calculating the difference – INV: for expenditure/income from inventory differences

TCODE - MI07 (MI01 & MI04)

FI Document Type - WI

81

Inventory differences – G/L

GBB

INV

S

99

Raw material

BSX

H

Goods Issue to Production Order:

Movement type - 261 (Consumption for order from warehouse) – VBR: for internal goods issues (for example, for cost center)

TCODE - MB1A

FI Document Type - WA: Goods Issue

81

Raw material Consumption

GBB

VBR

S

99

Raw material

BSX

H

In case Movement type given is 201(Consumption for cost center from warehouse), at the time of MB1A system asks for the COST CENTER & GENERAL LEDGER. Here, the account determination happens directly from MB1A and not from the OBYC. Accounting entry will be same as above except the 'Raw material Consumption'; it triggers whatever the GL given.

Goods Issue / Delivery: SD

Movement type - 601 (Customer delivery) – VAX: for goods issues for sales orders without account assignment object (the account is not a cost element)

TCODE - VL02

FI Document Type - WL: Goods Issue/Delivery

81

Mater. consumed/trading goods without cost element COGS

GBB

VAX

S

99

Finished Goods

BSX

H

Goods Receipt: FG PP

Movement type - 101 (Goods Receipt) – GBB-AUF: for goods receipts for orders (without account assignment) and for order settlement if AUA is not maintained

TCODE - MB31 Goods Receipt for Production Order

FI Document Type - WE: Goods Receipt

89

Finished Goods

BSX

S

91

Inventory change – factory output COGP

GBB

AUF

H

Goods Receipt: RM MM

Movement type - 101 (Goods Receipt)

TCODE - MIGO Goods Receipt for Purchase Order

FI Document Type - WE: Goods Receipt

89

Raw Material

BSX

S

96

GR / IR Clearing account

WRX

H

Invoice Receipt: RM MM

Movement type - 101 (Goods Receipt)

TCODE - MIGO Goods Receipt for Purchase Order

FI Document Type - WE: Goods Receipt

86

GR / IR Clearing account

WRX

S

31

Vendor account

KBS

H

KBS – is without any account determination and posting keys are 81 & 91. It triggers when there is no material is assigned in the PO at that time.

WRX – In case of any posting required without material, account determination should be without valuation class.

If price changed at the time of IR, then based on the difference in the material price system posts amounts to particular material account and not to the price difference account (this is related to the materials with price control – V).

Material Valuation: MM

Movement type -

TCODE - MR22 Dr/Cr Material – material valuation (below given calculation) & MR21: Price Change (Difference amount posts to the material account and calculation is ((New price – Old price) * Quantity)

FI Document Type - PR: Price change – Below entry in case of price increase

89

Raw material

BSX

S

93

Material Valuation

UMB

H

Calculation - {Current Stock Value + (Amount given in MR22 / Quantity given in MR22 * Cr. Quantity)}

Billing Document: SD

TCODE - VF01 Billing - VF11 Cancel Billing

FI Document Type - RV: Billing document transfer - RW: Reversal of billing

01

Customer account

BSX

S

50

Sales Revenue account

UMB

H

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