When we will use GR/IR clearing A/c?

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When we will use GR/IR clearing A/c?..

Answer / durgesh m. kadam

It is G/L Account (Balance-sheet: Liability) in SAP.
We use this account for purchasing from Purchase Order only
because in this account posting makes automatically through
MM to FI. (Standard Practice)

Purpose: GR/IR clearing A/C holds the value of GR(MIGO) &
When create the Invoice w.r.t P.O. it flush the value from
the A/C.

Hope this is Helpful..!!

Please post answer if you have more info.

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When we will use GR/IR clearing A/c?..

Answer / amit chandola

GR/IR Clearing a/c is used in Automatic account posting while doing the Goods Reciept (MIGO)

stock a/c Dr
to GR/IR clearing A/c MIGO -Goods Reciept

In MIRO

GR/IR clearing A/c Dr MIRO
To Vendor A/c

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When we will use GR/IR clearing A/c?..

Answer / pp

If there is a quantity variance between the goods receipt
and the invoice for a purchase order, this results in a
balance on the GR/IR clearing account. The system expects an
additional goods receipt or an additional invoice to clear
this balance. If this is not done, you must clear the GR/IR
clearing account manually.
MB5S Tcode for list of GR/IR Balances.
MR11 Tcode for Maintain list of GR/IR Bala

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When we will use GR/IR clearing A/c?..

Answer / venkatarao.darsi

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