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Free Goods Indicator

What are the accounting entries for Free Goods receipt?

December 13, 2015August 4, 2023 / Ganesh Padala / 2 Comments

Answer: After clicking ‘F’ (Free Goods Indicator)  in purchase order , the net price of the item  will become Zero and the condition tab will be disappeared. Finally when we do the Goods Receipt, accounting entries won't be generated. If the material has price control as Moving Average Price (V), no accounting entries. But if … Continue reading What are the accounting entries for Free Goods receipt?

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