1 Reply Latest reply on May 19, 2012 12:51 AM by PrabhuChepuri

    work in process

      whenever i complete my job the accounting entry is that my inventory valuation is debited and wip valuation is credited,later on when i sell those inventories my inventory valuation is credited and cgs is debited the problem here is that the there is only a single CGS account that is credited however according to the clients requirement they need different accounts say "CGS Material 1 consumed" account and "CGS packing material" account to be debited for reporting purposes.
        • 1. Re: work in process
          If you are at 11i level, you can use COGS generator functionality for setting up your customized COGS account for each shipment transaction. If you are at R12, you can use SLA.

          pls try to read the related documentation for setting up this functionality as per your requirements.

          Prabhu Chepuri.