Dear Experts,
We have subjected business process (Bill & Hold) in place at one of our subsidiary location.
Given below the brief understanding of this process.
The Bill and Hold adjustments relate to specific channel customers. They are under contract with us to purchase an agreed amount. We book a portion of the sales per the contract during the season the sales relate to. This entry is made prior to the processing and invoicing of the product and prior to shipment. Later when the product is processed, invoiced and shipped we have to reverse the previous bill and hold entry so that we do not show duplicate sales.
Currently, this is being done through FI entries, later at the time of real shipment, reversing previous FI Accounting entries and doing order, delivery, PGI and billing through Sales Module.
FI Accounting Entries are below:
Debit -- (COGS)
Credit -- (Inventory Finance)
Credit -- (Sales F1 entries)
Debit Customer account
Can you please advise us how we can handle this process through SD Module without FI module.
Thanks
Srini