GR Based IV

[Former Member]

Hi

What is the Purpose of using GR based IV in Purchase order ?

Explain in detail

Regards,

senthil.

[former_member192897 · Accepted solution]

GR Based IV is a procedure in Invoice Verification allowing assignment of incoming deliveries and invoices to an item of a purchase order.

If goods-receipt-based Invoice Verification has been defined for an order item, an invoice for the order item can be entered with reference to a goods receipt document or a delivery note number entered at the time of goods receipt. In the process, a separate invoice item is created for each goods receipt. Checking of price and formal accuracy of the invoice is performed at this item level.

In Other words, If you Set GR Based IV then system wont allow you to Enter Invoices Without GR.

That means If you want to Perform Invoice Verification with out Gr you Should not Tick the Option.

Regards,

Ashok

[Former Member]

Hi,

GR Based IV

In context itself,we can understand that without GR ,Invoice Verfication not to be done.

Based on the GR qty,IR qty and Value gets fixed.

Means ,LIV can't be done more than the qty of GR.

Regards

[kunal_ingale]

hi

using gr based iv

this case is use to all the domestic vendor

example suppose u have ordered 100 kg of material and vendor only delivered the 90 kg at this time u cant do the iv for 100 as he has deliverd 90

so using this u will not able to make iv for the vendor brfore gr

not using gr based iv

this is used for the import scenario

where we have to pay before gr (customs)

so at time of imports we dont have to tick the grbased iv , as we have to do the payment before gr to the customs

hope it clears

regards

kunal

[Former Member]

It means you cannot enter an invoice if the GR has not yet been done.

Sandra

[Former Member]

it's used for controlling invoice creation process. with this indicator, you need to create invoice based on GR rather than PO.

Eric

[Former Member]

Dear,

It is very useful indicator for purchase order.

If you not set this indicator you can't generate invoice verification with reference of good receipt.

Exa: If your purchase order is for 1000 Nos. and two different good receipt done for this purchase order. So you have for create two different invoice verification for two different good receipt or two different consignment but if you not set this indicator system not display both two good receipt against purchase order. So at the time of first invoice verification creation system not display any error for invoice verification but when you want to create second invoice verification you can't generate that.

So finally use of this indicator is that "You can create invoice verification with reference of different good receipt"

Remember: - If you not set this indicator at the time of purchase order and two different good receipt created against this purchase order and for both good receipt invoice verification is required at different time at that time you can't create second invoice verification for second good receipt.

Regards,

Mahesh Wagh