Writing off massive GR amount

[atif_farooq]

Dear:

We have around 5.5 Million of amount that is standing open in GRIR accounts. In past there have been some wrong GR. Now management wants it to write off with out having effect on Material MAP. If i use MR11 then it posts a credit to material account and deteriorates its Moving average price. One way is to transfer this amount to dummy vendor account and then post to a GL but i want some other way out. Waiting tor forum feedback in this regard.

Regards

[former_member187989 · Accepted solution]

You can do MR11,adjust MAP using MR21.

[sanilbhandari · Accepted solution]

Hi

It will effect the P&L. The requirement is also that is should not hit the P&L or stock balance

Regards

Sanil

[atif_farooq · Accepted solution]

Dear:

Passing JV is a solution which is not allowed for automatic transaction. Please suggest some others.

Regards

[former_member187989 · Accepted solution]

Check note 10757 - FAQ: MR11, clear GR/IR clearing account is useful ?

[Former Member]

Hi Atif,

Could you please specify how you solved this. We are looking to write-off the GR/IR as well to a Gl account other than inventory or price difference, in a way without impacting the MAP. Thanks.

[atif_farooq]

Solved

[sanilbhandari]

If you cannot run MR 11, passing a JV is the only solution.

Regards

Sanil