Offsetting Entry for Inventory Posting

Double click the Transaction Event Key    GBB

Select your chart of accounts (CANA for this example)

Select Rules button

Verify Valuation Modif., General modification, and Valuation Class are checked.

You will again see several entries already present in this screen. Delete the entries, and complete the form in the same way as with the BSX screen. Use any available drop down menus to display possible choices. Below is a list of the accounts you will need for the following exercises.

Click save.

The following are definitions for the General Modification abbreviations.

• <Blank> Goods Receipt From Purchase Order (Consumption account)
• AUF Receipt from production (Production settlement account)
• VAX     Finished inventory to sales (Cost of Goods Sold account)
• VBR Goods Issue to Consumption (Consumption account)    

Green arrow back to the Maintain FI Configuration: Automatic Posting-Procedures screen.

Differences in Costs or Prices

• Double click the Transaction Event Key    PRD
  

Select Rules button

Verify Valuation Modif., General modification, and Valuation Class are checked.

Delete existing accounts, and enter new appropriate accounts according to the Valuation Classes you created in the previous steps.

Click save.