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  • Fi SD

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    Vinod
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    Movement type used for posting 561 (Initial stock upload) accounting entry generated is as follows:Inventory of Raw Material Debit Stock data takeover account credit. When goods issues are posted for sales:Movement type used. For posting 601 accounting entry posted:cost of goods sold Debit Inventory of Finished goods.

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    FI-SD

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    Movement type used for posting 561 (Initial stock upload) accounting entry generated is as follows:Inventory of Raw Material Debit Stock data takeover account credit. When goods issues are posted for sales:Movement type used. For posting 601 accounting entry posted:cost of goods sold Debit Inventory of Finished goods.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Fi SD

    Uploaded by

    Vinod
    Movement type used for posting 561 (Initial stock upload) accounting entry generated is as follows:Inventory of Raw Material Debit Stock data takeover account credit. When goods issues are posted for sales:Movement type used. For posting 601 accounting entry posted:cost of goods sold Debit Inventory of Finished goods.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Movement type used for posting

    561 (Initial stock upload)


    The accounting entry generated is as follows:Inventory of Raw Material Debit
    Stock data takeover account Credit
    When goods issues are posted for sales:Movement type used for posting 601
    Accounting entry posted:Cost of goods sold Debit
    Inventory of Finished goods Credit

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