Hi,

In case of GRN from vendor..(MIGO) Inventory A/C................Dr To GR/IR Clearing A/C......Cr In case of GI to production order (MB1A) Raw Material consumption A/C...........Dr To Raw Material Inventory A/C..........Cr In case of GR from production order (MB31) Finished goods inventory A/c............Dr To Change in stock A/c............Cr In case of WIP Settlement WIP Balance sheet A/C ..........Dr To WIP P/L A/C...................Cr WIP Cancelation Entry in Next period WIP P/L A/C...............Dr To WIP Balance sheet A/c Cr In case of Invoice.......(MIRO) GR/IR Clearing A/C.........Dr To Vendor A/C.............Cr In case of goods delivery (VL01N) Cost of goods sold A/C...........Dr To FG Inventory A/C..................Cr In case of Billing (VF01) Customer A/C.......Dr To Sales revenue A/C.....C check check