Inter Entity concepts in Purchasing
hi Experts as well all knows the accounitng entries and thier respective accounts as well .... now i want to the concepts of enter entity in it ........as we all know that at the PO level the Expense Account got Debit and corresponding Accural is got Credit and at the Reciept Level the Receiving Account got Debit and Accural is got credit and the dilevery level Material /Inventory/Expense a/c got debit and and receving a/c got credit and at invoice accural is debit and liability is credit and so on ...........
now my question is that I HAVE TWO OU AND ONE OU NAME IS (TM4O8) DO PURCHASING AND SENDS THE PO TO THE SUPPLIER AND HE WANT TO THE RECIVING OF THAT ITEM INTO THE ANOTHER OPERATING UNIT (KA5766 -HEAD OFFICE) AND AFTER RECEVING THAT HEAD OFFICE DELIVER THE ITEM INTO IT .... NOW WHAT SHOULD BE ACCOUNTING ENTRIES FOR THIS CASE ...
now my question is that I HAVE TWO OU AND ONE OU NAME IS (TM4O8) DO PURCHASING AND SENDS THE PO TO THE SUPPLIER AND HE WANT TO THE RECIVING OF THAT ITEM INTO THE ANOTHER OPERATING UNIT (KA5766 -HEAD OFFICE) AND AFTER RECEVING THAT HEAD OFFICE DELIVER THE ITEM INTO IT .... NOW WHAT SHOULD BE ACCOUNTING ENTRIES FOR THIS CASE ...
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