GR to Asset reversed

[Former Member]

Hi

I have a scenario where a GR is posted to an AUC. Later on this AUC was settled to main asset and main asset started depreciating correctly. However, no IR was received against the relevant GR and we are now clearing of the said GR. what will be the effect of this on asset value? how to adjust it?

Raj

[Former Member]

HI,

if GR had recived IR has not recived  , we have to write off quantity through MR11.

the following entries are generting into sap system,  it will hit the asset  or Gain/Loss on price varience  based on system settings.pls check it

For RM  write the following entries generated

Goods Rcvd/Inv Rcvd   DR

Gain/Loss Price Var  ( or )Stock of RM       CR

For Asset write off  the following entries generated.

Goods Rcvd/Inv Rcvd    DR

C-W-I-P Assets                                         CR

Frieght Clearing write by MR11

Freight Clearing A/C             DR

Rep&Maint Building                               CR

With regards

G Chandrababu

[former_member256837]

Hi,

IR will not have any effect on asset.

MR11 should help

[narasimhulu_konnipati]

I would like to know how you are clearing the GR without IR. Are you posting the IR through MR11? Anyhow, the impact on asset is at GR level only hence there will no effect at the time of IR as the entry comes as follow.

GR/IR A/c DR

Vendor A/c CR

So, if the asset capitalization date and depreciation posting are correct, then no worries on invoice posting.

Hope this helps

[sridevi_p]

Hi,

Generally IR will not have any asset posting and clearing will clear only the GR/IR account.  This does not affect the asset value.

Since IR is not available, try clearing via t-code MR11.  Check the posting in a test environment and then proceed in PRD.

Hope this helps

Regards,

Sridevi