Average Costing Method - Accounting Conflict Between Project & Non-Project (P2P Flow)
Hi,
We are in 12.1.3 and applied RUP(9).
Scenario 1:
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1) Create PO and attached Non Recoverable Tax.
2) Performed Receipt and Deliver
3) Matched Invoice with PO details
2) Scenario 2:
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1) Create PO with Project Details and attached Non Recoverable Tax.
2) Performed Receipt and Deliver
3) Matched Invoice with PO details
Accounting entries for both scenarios:
Receipt:
------------
Receiving Inventory Dr 1000
To Accrual 1000
Receipt Tax:
----------------
Receiving Inventory Dr 90
Receiving Inventory Dr 90
To Accrual 90
To Accrual 90
When comes to below entries, it differs,
For Scenario 1:
Deliver:
--------------
Raw Material Dr 1000
To Receiving Inventory 1000
Deliver Tax:
----------------
Raw Material Dr 90
Raw Material Dr 90
To Receiving Inventory 90