Quantcast
Channel: SCN: Message List
Viewing all articles
Browse latest Browse all 8411

How to devalue materials in material ledger environment

$
0
0

Hi,

 

We would like to devalue a material by transferring it to another material with a lower standard price because this material has lost its value due to some reason. The example is as follows :-

 

Material A = US50

Material B = US30

 

Although material B is very similar to material A, the quality of material B is inferior to material A, hence using a lower standard price. So when i move the quantity from A to B, there is a price difference of US20 which is booked to the price difference accounts.

 

Now the problem is, material ledger is actualizing this back into the ending inventory of Material B at month end. This is not correct because then the material B final value will be back to US50 which is not supposed to be the case.

 

How this situation should be handled when material ledger is activated?


Viewing all articles
Browse latest Browse all 8411

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>