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Question 
When we will use GR/IR clearing A/c?
 Question Submitted By :: Poojaneeli
I also faced this Question!!     Rank Answer Posted By  
 
  Re: When we will use GR/IR clearing A/c?
Answer
# 1		 It is G/L Account (Balance-sheet: Liability) in SAP.
We use this account for purchasing from Purchase Order only
because in this account posting makes automatically through
MM to FI. (Standard Practice)

Purpose: GR/IR clearing A/C holds the value of GR(MIGO) &
When create the Invoice w.r.t P.O. it flush the value from
the A/C.

Hope this is Helpful..!!

Please post answer if you have more info. 
Is This Answer Correct ?    10 Yes 1 No
Durgesh M. Kadam
 
  Re: When we will use GR/IR clearing A/c?
Answer
# 2		 GR/IR Clearing a/c is used in Automatic account posting while doing the Goods Reciept (MIGO)

stock a/c Dr
to GR/IR clearing A/c MIGO -Goods Reciept


In MIRO

GR/IR clearing A/c Dr MIRO
To Vendor A/c 
Is This Answer Correct ?    2 Yes 0 No
Amit Chandola
 
 
 
  Re: When we will use GR/IR clearing A/c?
Answer
# 3		 If there is a quantity variance between the goods receipt
and the invoice for a purchase order, this results in a
balance on the GR/IR clearing account. The system expects an
additional goods receipt or an additional invoice to clear
this balance. If this is not done, you must clear the GR/IR
clearing account manually.
MB5S Tcode for list of GR/IR Balances.
MR11 Tcode for Maintain list of GR/IR Bala 
Is This Answer Correct ?    1 Yes 0 No
Pp
 

 
 
 
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