Accounting for price change in fusion
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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