GR/IR Business Process in SAP

[Former Member]

Hi consultants,

Can any body provide GR/IR business process documentation including SAP configuration ?

Thanks in advance.

Iftikhar

[rajneesh_saxena]

Hi

This is basic one hence should be googled well before starting a thread.

GR/IR account is an interim account which is used between the period of Goods receipt and invoice receipt.

At the time of goods receipt FI entry :

Inventory a/c          Dr

  GR/IR a/c              Cr.

At invoice receipt FI entry :

  GR/IR a/c          Dr.

      Vendor a/c      Cr.

Hence entry at Gr/IR a/c is knocked off after invoice receipt.

In OBYC configurations this setting is done.

Regards

Rajneesh Saxena

[Former Member]

Thanks Rajneesh

[rajneesh_saxena]

Hi

Kindly close the thread

Rajneesh