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Answer Posted / jignesh
There could be many reason posting goods to GR blocked
stock, e.g. qty delivered are are short w.r.t PO or any
visual damage to the goods or any clearence required or any
documents missing. Due to such reasons it is preffered to
post the stock in to GR block stock when it may take time
to clarify and negotiating vendor whether to accept the
delivery or not. if you dont want to accept the delivery
you can return the goods and issue a return delivery to
vendor. Benefit of doing such is GR blocked stock is still
vendor's property and since it doent have any accounting
documents posted so it is easy to return such kind of
delivery without going through an hassle of posting it in
to unrestricted, or Quality inspection or blocked stock and
then reject it or return to vendor and wait for the credit
memo from the vendor.
Most important part of this is GR blocked stock is not
owned by your company, it is still consider as vendor's
property and hence while posting it in to inventory doesnt
create any accounting documents and update stock value.
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