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ramesh reddy nalamada


{ City } hyderabad
< Country > india
* Profession * fico consultanta
User No # 1776
Total Questions Posted # 0
Total Answers Posted # 2

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Questions / { ramesh reddy nalamada }
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Answers / { ramesh reddy nalamada }

Question { IBM, 229873 }

What is GR/IR account? Why do you maintain that? Explain the
importance of GR/IR clearing account.


Answer

Normally there will be time lag between recording of Goods
received and Invoice received. To track the differences at
any point of time, GR/IR Account will be helpful.

Is This Answer Correct ?    199 Yes 21 No

Question { 12868 }

In FI Invoice transactions are not getting posted to a
customer account. Possible reasons can be


Answer

Check Reconciliation Account Entered in the Customer Master

Is This Answer Correct ?    2 Yes 2 No