unable to remove this item from GRIR. It was a consignment PO receipt done
The user saying that"unable to remove this item from GRIR. It was a consignment PO receipt done improperly, so it needs to be deleted".
Because of this the the material documet which shows $6725.43-(Negative) in GRIR account.when i check this this transation was originated through MI10(Physical inventory differenvces posting).May be user done wrongly.
Now the problem is this
- how this transaction originated?
- Why is this posted to GR/IR account?
- How do we correct the open item in the GR/IR account?
- What need to happen to rectify the mistake?
can any tell me how can we do this,i will be greatful to u.
Jürgen L replied
vendor consignment stock is material you have not paid for yet.
If you have inventory differences, then you have to pay for a loss or you reduce the liabilities for gain.
It probably posted to the GR/IR account thru the consignment settlement that you have to do every motnh.
You can correct a wrong count with doing a new count.