Hello Everyone,
Can we create multiple Inventory GL in system and assign to different material group or Material type like ram material, Semi finish material, Finished goods in ERPNext ?
ref :- In SAP we can have valuation class and we can assign GL to valuation class in Config OBYC transaction )
Where can we see COGM ( cost of goods manufactured ) General Ledger entry in stock entry type “Manufacture”
Hi @sandeepl
You can create Item Groups and each one can be configured for Default Expense GL Accounts such as Expenses (incase of finished goods = COGS and incase of RM consumption = Raw Material Consumed) as following;
And as far as Valuation Method is concern, you can set it in stock setting globally and can be prioritize on each Item Master as well.
Please keep in mind Inventory Asset accounts are linked with Warehouse but not Items.
