GRIR Account

[Former Member]

Good day

Please can you advise if it is possible  to configure a separate GR/IR
account for foreign purchases.  We currently have one but we want a seperate one for foreign currecny transactions.

Regards, Miriam

[BijayKumarBarik · Accepted solution]

Hi,

Can give some more business background why you want GR/IR clearing account foreign purchase.
So your business needed GR/IR clearing account foreign purchase and GR/IR clearing account domestic purchase with only one WRX key!

Generally based on requirement- business needs different GR/IR clearing account for Material, Asset and Service procurement.

Refer a thread(already discussed)how to have different GR/IR clearing account for Material, Asset and Service

http://scn.sap.com/thread/3164665

Regards,

Biju K

[Former Member]

Thank you all. I managed to create the 2nd GRIR account

[Former Member]

Hi dube ,

just check with the FI .

create a  tranaction event key and then inform to FI to allocate a G/L account for that movement type

[JL23]

you can have numerous reconcilliation accounts if you want, e.g. for local  intercompany business, for foreign intercompany business, for local normal purchases and for foreign purchases . just four as example.

the accounts are created by Finance folks and you assign the account in company code view of vendor master. So it is the user who maintains the vendor master who decides which account to be use for a certain vendor.

[Former Member]

Thanks for your response, however what we want is a clearing account for the GRIR and not the vendor reconciliation account

[former_member182489]

Possible from system side.

System Side config -

1. Create a new Valuation  class for foreign purchase.
2. Assign the Val class in the mat master
3. Assign GL account in OBYC t code - WRX  Transaction key .- GL and Valuation class assignment.

Pre requisites

• System will not allow to change the Valuation class of the exiting Material. IF stock is available.
  • To DO - Consume it to a Cost Centre and do the above assignment and take back same material from Cost Centre( please validate the qty and value )
• Transfer the exiting GI/IR clearing to new GR/IR Gl account
  • FI USER approval is needed. This is will be done by  an FI consultant.

hope its clear

[Former Member]

Thank you for your response, Currently we cant post foreign currency transactions to the GRIR account that we have. I will try solution and revert

[Former Member]

Hi,

With this solution, this means that it will work for stock items only?right? What will happen with purchases for non stock items in foreign currency as we are using the valustion class in this instance?

[ajitkumar]

for non stock and services see SAP notes 64204 and 301477