Hi Forum,
Hi ,
We are implementing ETO scenario with Non valuated project stock.
The Sales order items are account assigned to WBS element. Production orders assigned to Network / WBS to produce the FG. The delivery is made through SD followed by Billing.
Since the Production order cost is already included in Project, the result Analysis is performed on Project. This icludes the Production order cost & along with Project costs like internal activity cost in Project network.
KKA2 - Result Analysis calculates WIP = actual cost till the time there is no revenue.
On Settling the RA data via CJ88, the P&L inventory WIP account (511010) is credited and a Balance wip account is debited (114200).
Further when Revenue is posted on the Project, on executing Result Analysis, The WIP is reversed & the COS is calculated based on Actual costs.
On Settling the RA data, two FI entries are posted
1) P&L WIP account (511010) is debited and a Balance Sheet wip account is credited (114200) : This is because the WIP is reversed.
2) The Balance Sheet WIP account (114200) is credited and a P&L account named "Cost of goods sold" (341100) is debited as per COS (Cost of sales) calculated in RA.
My concern is that the Balance Sheet WIP account (114200) is getting debitted once during WIP posting credited twice - 1) during WIP reversal & 2) as a offset credit during COS posting ( P&L account named "Cost of goods sold" (341100) is debited as per COS (Cost of sales)COGS].
Is there a way to avoid Balance sheet account being credited twice?
We are trying to set up a process similar to COGS accounting in Sales orders. Is this approach right?
Many Thanks,
Sejo