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Instead of using GR/IR clearing account why cant we use
provision for sundry creditors, if yes then why SAP using
GR/IR Clearing Account

Answer Posted / narendra deshmukh

GR / IR IS THE PROVISION ACCOUNT WHICH IS USED FOR GR IR
CLEARING AND BY THE HELP OF WHICH WE CAN TRANSFER THE
AMOUNT TO THE CREDITORS,

Is This Answer Correct ?    2 Yes 1 No



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