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automatic entry for Goods Receipt

Former Member
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336

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

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Former Member
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288

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