Reconciliation

[Former Member]

Hi

How we have to done reconciliation for GR/IR clearing a/c?

Thanks

[Former Member]

Better way to understand

Quantity differences between goods receipt and invoice receipt for a purchase order result in a balance on the GR/IR clearing account.

If the quantity invoiced is larger than the quantity received, the system then expects further goods receipts for this purchase order to clear the balance.

If the quantity received is larger than the quantity invoiced, the system then expects further invoices for this purchase order to clear the balance.

You can also clear differences for delivery costs.

If no more goods or invoices are to be received, you must clear the balance manually.

This can be done in different ways:

You can return the extra goods to the vendor.

You can cancel the invoice and post a corrected invoice or a credit memo for the surplus posted quantity.

You can clear the GR/IR clearing account manually.

<a href="http://help.sap.com/saphelp_46c/helpdata/en/30/1060387db94003e10000009b38f8cf/frameset.htm">GR/IR clearing account</a>

[former_member197269]

Detailed Testing - 4. IV GR/IR reconciliation

Purpose/Objective:

To determine that controls/ procedures are functioning as documented.

Detailed Step:

1. Run the tolerance limit report to verify SAP MM/FI-AP tolerance limits.

2. Review the GR/IR g/l account (#291000), and discuss with AP staff

(GR = Goods Receipt; IR = Invoice)

normally automatic clearing is done through F.13 base on selection citeria mentioned in OB74.

Hope this helps

[Marssel700]

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[sridevi_p]

Hi,

GR/IR - Goods Receipt & Invoice receipt.

This account holds any balance - means that either the goods are received, but the invoice hasnot been received or vice versa.

Check tcode MR11

For more details check -

http://www.copacustomhelp.state.pa.us/infopak/content/prin_mr11_maintaingrirclrngacct/cc/html/index....

Regards,

Sridevi

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[Former Member]

Hi

It can be in two ways

manual reconciliation

automatic reconciliation

Cheers

Muralidhar