unable to remove this item from GRIR. It was a consignment PO receipt done

[Former Member]

Hi Guys,

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.

Thanks&Regards,

Babu,

09930154536

[JL23 · Accepted solution]

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.

[Former Member · Accepted solution]

Hi Jurgen,

when i check the material document and accounting document,it was showing that said amount in negative sign and transaction done by MI10 means posted differences with out reference to document.

it means the user may entered wrongly i think.

was there any GRIR account for MI10?

MI10 does not have reversal or cancel?

so how to resolve it?

as per my idea it can be done by FI posting.

please help to resolve.

Thanks in advance.

Regards,

Babu

09930154536