Q. What is GR blocked stock? When it can be used?

Answers were Sorted based on User's Feedback



Q. What is GR blocked stock? When it can be used?..

Answer / 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.

Is This Answer Correct ?    29 Yes 0 No

Q. What is GR blocked stock? When it can be used?..

Answer / ashok kumar

Whenever you are not Sure about Received Stock then you can
keep it in GR blocked Stock until situation is resolved.

Is This Answer Correct ?    21 Yes 8 No

Q. What is GR blocked stock? When it can be used?..

Answer / jagat.sapmm

Whenever you are not Sure about Received Stock then you can
keep it in GR blocked Stock until situation is resolved

Is This Answer Correct ?    14 Yes 6 No

Q. What is GR blocked stock? When it can be used?..

Answer / anil kamat

Whenever amy part comes to stock and is lying for a long
time and there is possibility for a change in design or
specifications and you are not sure of the stock being of
the latest specifications or not , thenit is moved to GR
blocked stock untill checked and cleared to move to regular
stock .If found that it is old spec then rejected and moved
to scrap stock.

Is This Answer Correct ?    7 Yes 3 No

Q. What is GR blocked stock? When it can be used?..

Answer / sowmya

it is a stock type to which conditionally accepted
deliveries for purchase order are recorded.when the
conditions for acceptance are met they are moved to
stock.until this point GR is not valuated.

Is This Answer Correct ?    3 Yes 0 No

Q. What is GR blocked stock? When it can be used?..

Answer / sunil k

When material is received, it is received in GR block stock
till the physical verification, counting of the material is
done. As long as the stock lies in GR block stock, it cannot
be allocated against any delivery. Once the verification of
receipt is done, the stock can be moved to unrestricted
stock, where it is saleable and can now be delivered against
a sales order.

Is This Answer Correct ?    6 Yes 4 No

Q. What is GR blocked stock? When it can be used?..

Answer / firoze hussain

GR Block Stock is the stock which is taken in with the Mvt. Type 103 where no accounting document is generated. It can be used by moving that stock from GR Block Stock to Unrestricted stock by Mvt. Type 105.

Is This Answer Correct ?    1 Yes 0 No

Q. What is GR blocked stock? When it can be used?..

Answer / harish pushola

the material has been going in blok stock after rejection
of user inspection,then you can send back through return
delivery in MIGO.

Is This Answer Correct ?    2 Yes 2 No

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