Everyone agrees yet it remains a pervasive problem – especially in distributed operations like global supply chains and manufacturing. Collaboration It’s no secret that silos and opacity are bad for business.To conquer both cultural and process-based challenges, the best companies are focusing on a few core priorities, and modern manufacturing ERP software with AI can help in these 4 ways: It ensures the raw material consumptions in our books of accounts get reflected correctly.In the modern manufacturing sector, business leaders are faced with myriad challenges but once they’ve identified their problems, what separates a good business from a great business is how quickly they get on with finding the right solutions – and finding ways to get out in front of their competitors. Here you can see distributed quantity in production order. To Change in stock / Consumption Account Dr./Cr.Īfter the distribution of physical difference to Production orders the accounting entry will be as under: Reversing the entry posted in the step no.3 above i.e.Following are posted by system in one accounting document:.And the accounting entry posted will be as under: Secondly the total distribution as finalised above will now be posted in the books of accounts.Firstly here the total difference will be distributed to the process orders of the desired interval, Here the total quantity of the adjustment against the given process orders can be altered however the total need to be the same. ![]() However the posting date field is also there where we can enter the posting date (not before the previous period and after the current period) In this step the difference which is getting posted in the step no.3 above will now be distributed over the process orders of the desired interval. Step no.4: Running of the DOUV transaction against the physical inventory document: (T.Code CKMDUVMAT) (OBYC- GBB-INV)Īccounting entry after Physical Inventory verification in SAP. To Change in stock / Consumption Account Dr./Cr. In consequence to the same the accounting entry also getting generated The accounting entry for the same will be as under: In this step the difference between the book (SAP) quantity and actual (Counted) quantity will be getting posted and the actual stock will now reconciled with the book stock. Step no.3: Posting of the difference inventory against the physical inventory document (MI07/MI20) In this step the actual count of the said material code against the storage location, valuation type and batch need to be confirmed and entered in the system, and saving the physical inventory document. Step no.2: Counting of the inventory against the physical inventory document (MI04) In this transaction the physical inventory document need to be created against the plant, material code, storage location, valuation type. Step no.1: Creation of physical inventory document (MI01) After that the production order/ process order / PCC should reflect the actual consumption of RM and not the standard consumption of RM.įor input consumption quantity the movement type will be 261 for issue and 262 for reversal of the goods issue, in case of the adjustment of the input consumption quantity thru the DOUV SAP system will use the movement type Z61 for increase in the issue quantity and Z62 for the decrease in the issue quantity. Hence the objective is to allocate the difference of physical verification as recorded to all the production orders / process orders/product cost collectors on the basis of respective raw material consumption quantity, this should also correct the postings in Finance and MM books as well. So we need to find a solution as how to adjust our standard consumption with the actuals after the physical verification of inventory for Raw materials. Since this is a practical scenario and none of the large manufacturing industry can feed the actual consumption of material by measuring the actuals at the time of production confirmation in SAP. That time the actual inventory of RM and the SAP Books inventory of RM would not tally just because of this same reason of Actual consumption vs. ![]() actual consumption of raw material and the standard consumption of raw materials will be worked out or surfaced only when we do the physical verification of our Raw materials on a monthly basis. ![]() ![]() Here we face the issue of reporting the correct consumption of raw materials for SFG/FG production and in the financial as well we are not in a position to report the true consumptions. However the actual consumption quantity or RM would always be different than the standard consumption as per the BOM. The actual consumption of raw materials in production planning module in SAP always gets the consumption quantity from BOM of the SFG/FG. Actual Consumption of raw materials in SAP (Distribution of physical inventory difference over FG productions)
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