Dear experts,
When booking the material issue to project transaction the system should pass the following accounting transactions
Credit inventory
Debit wip (this account should be specific to account mentioned in product group of that part)
Could you please suggest how to configure?
Thanks in advance.
the material needs a part class… the part class has an inventory account.
The project/job has a product group assigned to it. This product group has a wip account.
That IS the configuration… when you do the material issue the system will do the transaction you asked about.
We did the same thing, Configured the Part Class and Product Group under the GL Control Types. But there was already a Control Type Project Billing which is attached to the Project. Because billing is not by product group, we deleted the Project Billing Control Code. After doing this still not picking the account configured in the Product Group GL Control Code.