2008 Apr 02 12:00 PM
Hi,
Is it possible to use other GL account (ex.Merchandise In Transit) when we do Goods Receipt of a specific inventory instead of GR/IR clearing account? Is GR/IR Clearing account is a standard account used when transacting goods receipt? Do we need to configure it? How can we do that?
Thanks a lot in advance.
kay
Hi,
Is it possible to use other GL account (ex.Merchandise In Transit) when we do Goods Receipt of a specific inventory instead of GR/IR clearing account? Is GR/IR Clearing account is a standard account used when transacting goods receipt? Do we need to configure it? How can we do that?
Thanks a lot in advance.
kay
2008 Apr 02 12:12 PM
hi,
we need GR/IR clearing account since it is the offsetting account for GR/IR . So it would be better if we avoid Merchandise in transit.
regards,
Sandhya
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