Hello All!
We have a specific scenario which seems similar to what it has been discussed here:
1. We have a process where Company DD requests from Company FF some products in order to sell to Customer A (customer A has already requested the products to Company DD through a Purchase Order - This PO generates automatically a Sales Order from Company DD to Customer A). Both documents have Document Currency in Local Currency of Customer A (let's say, Nuevos Soles PEN).
2. Then Company DD generates a PO to Company FF (and automatically, PO generates a Sales Order from Company FF to Company DD). Both documents have Document Currency in USD.
3. Then Company FF generates a PO to the Real Supplier (the one that will do drop shipment to Customer A, but invoice will be sent to Company FF). Both documents have Document Currency in USD.
4. Then the invoice is sent from Real Supplier to Company FF. Posting in Company FF is made as following (USD):
Credit on Real Supplier
Debit on Stock in Transit account.
5. Then the invoice is sent from Company FF to Company DD. Posting in Company FF is made as following (USD):
Debit on Customer (Company DD)
Credit on Sales revenues account
Credit on Stock in Transit account (to zero posting from 4)
Debit on Cost of Goods Sold account.
6. Then the invoice is sent from Company FF to Company DD. Posting in Company DD is made as following (USD):
Credit on Vendor (Company FF)
Debit on Stock in Transit account.
7. Then the invoice is sent from Company DD to Customer A. Posting in Company DD is made as following (Local Currency of Customer A, let's say, PEN):
Debit on Customer (Customer A)
Credit on Sales revenues account
Credit on Stock in Transit account (to zero posting from 6)
Debit on Cost of Goods Sold account.
The thing is: when we do this posting in 7., we are generating differences in Stock in Transit account in Company DD, because Company DD has a Local Currency which is different from Group Currency (USD) and Document Currency (PEN).
So, to remove this difference, we were thinking about to separate the postings and do like this:
Posting from Billing (Posting no. 1, in Document Currency PEN):
Debit on Customer (Customer A)
Credit on Sales revenues account
Posting from Billing (Posting no. 2, in Document Currency USD):
Credit on Stock in Transit account (to zero posting from 6)
Debit on Cost of Goods Sold account.
With that, in Posting no. 2, we will have the same amount in USD as per posting from 6 and we believe the difference will be gone.
Hope this can give us any idea of what we should do.
Kind Regards,
Daniel Carvalho