Instead of using GR/IR clearing account why cant we use
provision for sundry creditors, if yes then why SAP using
GR/IR Clearing Account
Answers were Sorted based on User's Feedback
Answer / lavanya vedula
SAP uses the GRIR clearing a/c as it doesnt want to accept
a liability by crediting the vendor a/c.Aliability can be
accepted only when the goods have been recieved and the
invoice checked.When the invoice is recieved, GRIR is
debited, the vendor a/c is credited & thus we can accept
liability with the vendor.
Is This Answer Correct ? | 15 Yes | 0 No |
Answer / narendra deshmukh
GR / IR IS THE PROVISION ACCOUNT WHICH IS USED FOR GR IR
CLEARING AND BY THE HELP OF WHICH WE CAN TRANSFER THE
AMOUNT TO THE CREDITORS,
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / dheeraj sachdev
GR/IR account is exactly the same thing as provision for sundry creditors. I assume you mean "provision for sundry creditors" is not the same as the actual creditor account.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kumar
SAP uses the GRIR clearing a/c as it doesnt want to accept
a liability by crediting the vendor a/c.Aliability can be
accepted only when the goods have been recieved and the
invoice checked.When the invoice is recieved, GRIR is
debited, the vendor a/c is credited & thus we can accept
liability with the vendor
Is This Answer Correct ? | 1 Yes | 1 No |
What does Field status group assigned to a GL master record controls?
Explain about automatic payment program and customization settings?
if sap master data has been change due to user demand how to test his result
What are the documents require for Born in sale in relation to sales tax?
what is the difference between business blue print & TO-BE Process ?
What do you mean by organizational units in sap?
if purchase order is 1200 and we received GR for 1000.what are the entries and what about the remaining goods 200.
What is a company code?
What is a field status group?
What is "dunning" in sap?
What are the problems faced when a business area is configured?
What z the t code for up loading of customers and vendors, a/s balance in lsmw?