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In R12 when we ship the material the a/c entries created are Deferred COGS Dr. Inv Valuation Cr. It s a inbuilt functionality and you don t have to do anything except setting the D eferred COGS A/C in organization parameter. When revenue is recognized system automatically debits the COGS against the Defe rred COGS i.e COGS Dr. Deferred COGS Cr.