Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 4 Answers
- 16073 Views
- Accenture, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
What is pbo and pai events?
Can posting period variant be assigned to more than 1 company code?
How can the default settings be maintained for cost elements per company code?
Hi What is a STAGING CLIENT in our Land scape? a bit of confusion in this
Explain financial closing? : fi- general ledger accounting
How do you execute an automatic payment program? : fi- accounts payable
What does “sap netweaver on linux” mean?
Explain the configurations required for taxes in sap?
How does the dialog handle user requests?
what role & responsibilities we must show in sap fi implementation resume
What is to be defined for a push button fields in the screen attributes?
chart of accounts are created at client level but why we are assigning to Co.cd ?
List the reports in credit management? : fi- accounts receivable
What happen if company were Implemented only FICO module and what is the disadantages?
What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.
