Hello All, The basic issues here is while Purchase Return
1. Why Stock Journal entry needs to post to COGS account as we never sold the Product, its just Purchase Return 2. If you check the following entries, It should be for some different account rather than COGS or else it will have different impact on the analysis of COGS at any period end or processing the closing. Stock journal: stock valuation(stock) 0 100 cogs(partner output) 100 0 Please review the same and look for the better way forward. Thanks, Siddique -- You received this bug notification because you are a member of OpenERP Indian Team, which is subscribed to OpenERP Addons. https://bugs.launchpad.net/bugs/986604 Title: Stock Return accounting entries logic Status in OpenERP Addons (modules): Invalid Bug description: Hey, Something seems wrong i start test with automatic stock valuation.I am not an accountant but i know enough. I am defined stock out (COGS) and stock in ( purchase expanse account) Below is a the journal entries created from AA) Purchasing, AB)Incoming shipment, BA)sales invoice,BB) delivery. CA)Purchase return invoice CB)purchase return delivery, DA)sales return invoice DB)sales return incoming shipment. ACCOUNT DR CR AA Purchase Invoice 1 120000 Creditors 0 60 2 221000 Purchases 60 0 AB Receiving Stock 3 221000 Purchases 0 60 4 110100 Stocks 60 0 BA Sales Invoice 5 110200 Debtors 105 0 6 200000 Sales 0 105 BB Delivery Stock 7 110100 Stocks 0 60 8 210000 COGS 60 0 CA Purchase Return Invoice 9 120000 Creditors 60 0 10 221000 Purchases 0 60 CB Purchase Return 11 110100 Stocks 0 60 12 210000 COGS 60 0 DA Sales Return Invoice 13 110200 Debtors 0 105 14 200000 Sales 105 0 DB Sales Return 15 221000 Purchases 0 60 16 110100 Stocks 60 0 My problem is in line 12 (Cost of goods sold) and 15 ( purchase). Line 12- Should be Simply the purchase account not the cost of goods sold Line 15-should be the cost of goods sold not purchases I know that in the definition of stock valuation You enter stock in and stock out but this will not reflect correctly in my Chart of accounts not all stock ins are treated the same like in returns. To manage notifications about this bug go to: https://bugs.launchpad.net/openobject-addons/+bug/986604/+subscriptions _______________________________________________ Mailing list: https://launchpad.net/~openerp-india Post to : [email protected] Unsubscribe : https://launchpad.net/~openerp-india More help : https://help.launchpad.net/ListHelp
