two non-standard LIV design

[Former Member]

I have below two scenario:

(1), we create a framework PO, no GR, only IO, so GR/IR clearing account is debited during IR, so how to clear GR/IR during month end?

any additional configuration we needed compared

with traditional PO-GR-IR process?

(2), fore some materials, we create a PO, then make 30% of PO value payment before GR,

after GR, 50% of PO value is paid, the remaining 20% of PO value is paid during IR, so any additional configuration we needed compared

with traditional PO-GR-IR process?

[Former Member]

Hi,

First what does IO means please use full form for better understanding.

Your first question if you are not doing Goods receipt then neither your material accounts gets hit nor the expense account. So while booking the invoice only vendor and GR/IR clearing accounts gets. So you have to book the goods receipt even for service or any other Account assignment. If you don't want to book the goods receipt then directly pass the entry in FI FB60. Or you have to manually pass a JV clearing the GR/IR clearing account and debit the expense or which ever the GL you want to take it to. which is a manual activity and not advisable.

Your second question no additional configuration is required the payment terms has to be configured accordingly.

[Former Member]

IO is actually IR. I type wrongly,

so you mean we can do GR/IR clearing by post with clearing, but GR/IR clearing can not be manually posted.