GR/IR - month end

[Former Member]

Hi,

how do we handle GR/IR account at month end.

I know this account should be "0" at month end.

thank you

[Former Member · Accepted solution]

Hi,

It is not mandatory that GR/IR Balance at month end should be zero. Ideally it should be zero, but there will be a situation where a Goods Receipt is posted but not a Invoice document. In such circumstances, GR/IR Account will have balance, and it is absolutely fine.

However, on a daily / weekly basis automatic clearing should be set up for GR/IR Account. Automatic clearing can be set up in transaction code OB74. Basically, the criteria for matching is PO number and PO line item.

A background job can be set up for transaction F.13 for GR/IR Account, so that manual intervention is not required and system will automatically clear when the job is run.

Thanks

Murali.