Hi,
I have a requirement to capture the cogs for service product during sales order process and I have seen the many blogs which says that it can be done via Charge code but for the charge code setup what posting type should be selected, for the debit side I can assign GL code for COGS for service item with cost of goods sold posting type and GL code for credit side is clearing A/C (temporary liability) for COGS but what will be the posting type.
And another doubt about settlement of clearing account which suggest to clear it with some allocation or payroll expense GL account. And COGS is captured expense in P&L & same with allocation/payroll expense account which is also captured in P&L expense. I need the clarity on this allocation account
With this process clearing account will be settled and balance will be zero and COGS & allocation/payroll will show in the P&L as expense.
Is this correct ? Or is there any other ways to captured the COGS in SO process without inventory in books.
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