GR/IR Clearing a/c is used in Automatic account posting while doing the Goo

When we will use GR/IR clearing A/c?

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Answer Posted / amit chandola

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

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