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Accounting for price change in fusion

edited Oct 11, 2024 11:08AM in Costing 1 comment

Summary:

Hi Team.
Please help me with below accounting situation:

Created a PO with 100 dollars

Receipted and costed the transactions.It means

Receipt Accounting:

ReceInspection Dr 100

Accrual Cr 100

Cost Accounting:

Inv Valu Dr 100

RecInsp Cr 100

 

Then there is a change in price change in PO from 100 to 50.

Then they created a invoice for new po price which is 50.

 

Now Invoice level:

Accrual dr 50

liability cr 50.

 

It means we have accrual balance of 50.

 

How we will clear in this case?

Suggestions will be helpful.
Thank You

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