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Re: cost center for balance sheet

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Hi,

 

Thanks for your valuable comments....

 

I am assuming if I will assign the cost center in OKB9 then everytime I am taking the same material, the value will go the same cost center however, its a bit complicated in case of other material for the same material type.

 

Correct me if am wrong; I am planning to procure the material as stock account, wherein I am passing the entry:

Inventory of consumable ac dr

TO, GR/IR account

 

At the time of comsumption of this material (Gas/petrol) I will capture the value to the cost center. I think by following this method, I can capture the cost to a particular cost center, which again I can use for settlement to different cost center. Here the entry is:

Consumption of consumable acc.. dr

To, Inventory of consumable acc..

 

Can you please let me know if I am wrong/right..

 

Thanks in advance...

 

Regards:

Jamshed


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