Interested to Buy Any Domain ? << Click Here >> for more details...
Brief about g/r I/r clearing. Can’t v avoid this a/c?
Process?
- 4 Answers
- 14671 Views
- Accenture, TCS, I also Faced
- E-Mail Answers
Answer Posted / gaurav raheja
Quantity differences between goods receipt and invoice
receipt for a purchase order result in a balance on the
GR/IR clearing account.
If the quantity invoiced is larger than the quantity
received, the system then expects further goods receipts
for this purchase order to clear the balance.
If the quantity received is larger than the quantity
invoiced, the system then expects further invoices for this
purchase order to clear the balance.
If no more goods or invoices are to be received, you must
clear the balance manually.
This can be done in different ways:
You can return the extra goods to the vendor
You can cancel the invoice.
You can clear the GR/IR clearing account manually.
| Is This Answer Correct ? | 20 Yes | 1 No |
Post New Answer View All Answers
What is the importance of good received/ invoice received clearing account?
How many chart of accounts can a company code have?
What do you understand by a line item? : cost center accounting
Please what do you think i have done wrong when i receive a'No form could be determined in the interest calculation form table for the following arguments' after executing in F.26(Customer Interest Scale) calculating interest.
Is it possible to change an existing b/s gl a/c to the p&l type? : fi- general ledger
Hi Can any one Tell me in Detail from Starting Like i have finished the FI Part,now Soon after this How am i going to start the CO Part from where to where & how to link(Just give T.Codes i will understand) and when to Finish. Thanks in Advance.
What are special periods used for?
How we manage Cheque Management Systems in SAP?
What is the difference between company and company code?
What are the procedure for implementing FI Sub Module, like AR, AP, AA etc
How to calculate WIP in "product cost by sales order scenario", where multiple production orders are raised against one sales order?
What are correspondence types in ar / ap?
What is "extended star schema" and how did it emerge?
Why do we use sap fi?
What all steps are involved in creating planning groups and planning levels in cash management? What changes does it bring?
