in vendor GR based invoice is not ticked in PO 10 Qty at
the price is 2 RS.
When i book the invoice 5 Qty for 4 Rs.
after booking the MIRO what the accounting entry in MIGO
for the 6 QTy.
- 5 Answers
- 12027 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / mayilvahanan p
if there is no GR, the qty variance is always posted to
GR/IR Account.
@IR (5 qty at Rs 4)
Vendor = 20 -
GR/IR = 20 +
@GR ( 5 qty at Rs 4 and 1 qty at PO price i.e., Rs. 2)
GR/IR = 20 -
STOCK = (5*4)+(1*2)=22
as per first line mentioned above
GR/IR= 2-
So,
STOCK = 22 +
GR/IR = 22 -
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
How can we create new transaction codes in sap?
Difference between planned delivery time and gr processing time?
What is the use of ‘split valuation’?
What are the account assignment categories in a purchase order?
What is purpose of gr based invoice verification in business? What is the business benefit of this check box?
If there is a pipe and you send it to a sub-contractor to be cut in to two or three pieces. How will you map such scenario in sap? Will you create separate material codes for each pipe with different length or what will be your approach?
What is an rfq and how is it different from the quotation form?
What information is available in the 'accounting view' of a 'material master'?
How are free items managed in a po? You need to tick the tem as free in the po. The price will be zero for such po's.
How can we view the stocks provided to the vendor?
Suppose we change the price of a material in purchase info record, will it change the price in all purchase orders where material is yet to deliver?
what are the major purchasing tables? List the transaction codes for them?
What is the procedure to delete materials permanently from material master?
Does the consignment stock available for mrp? Why so?
Why are material master records used in sap?
