Purchase price variance Intra Group – Nominal
This account only concerns products purchased from GSA or Alby or Montreal plants.
This account must only be used when TP is changed during the year ( rare ) or in case of TP for new products which where not fixed during the TP / COGS process
This account gather the difference between the standard TP and the actual TP valued at standard rate
PPV are deferred to balance sheet and depreciated to PL at the MOH pace