Kindly, I have a problem in posting the counting voucher for Raw & chemical materials all items with negative counting QTY reflected on the GL with the cost amount but NO effect for the positive counting QTY
please advice
There is no difference in the posting except the entry goes to the profit account on the ledger. The reasons for 0 will depend upon costing etc. What costing method and what are the version costs defined etc.
we are using standard costing for finished products
and FIFO for raw materials
is this the problem that we have a zero amount for all positive counting QTY?
If the cost of the item is zero it will naturally make no entries, so verify your item record and costing version. I presume it is a FIFO raw material you have never purchased or something so you have never set up the cost.
Run inventory recalculation…