GR/IR CLEARING REVERSAL

[former_member193801]

Dear Gurus,

The business realized the GRN value is booked wrong for single item, after clearing of the GR/IR value. When i am trying to reverse the clearing Document against the GR/IR Account I could see multiple Documents. If i reverse the wrong booked item the invoice will not match in the GRN value.

Hence request you to please help me how to handle this issue.

Regards,

Ranjith Kumar.

[former_member198650]

Hi Rohit,

Post Credit memo through MIRO for the wrongly created GR, then after post 102 or 122 for the GR item. After that post GR with correct value,then after do MIRO for the item.

Regards,

Mukthar

[former_member193801]

Dear Mukthar,

Thanks for your valuable inputs. I will check accordingly and get back to you.

Regards,

RR

[fico_learner]

Hi Rohit

I could not understand why there will be difference.

Ex: --> If GR is done for INR 87, Invoice also booked for 87. subsequently clearing also done for both.

--> If you reverse Invoice and GR for 87, there will not be any balance in GRIR account for this line.

How you are getting the difference?

Best Regards,

Muniraj

[fico_learner]

You have to reverse the GRIR clearing document. it also reverse all the lines linked with this document. Then you can reverse the invoice document posted wrong.once the entry is corrected run the GRIR clearing again.

[former_member193801]

Dear Muniraja,

Thanks for your valuable inputs. We actually wanted to follow the same approach suggested by you.

But the Business created PO with almost 89 items and the GRN and IR is also done for the same. On the next day the GR/IR clearing is also performed. But when the materials department realized that GRN is wrongly booked for the Item 87, When we are trying to look for the clearing document to reverse through PO order history the GR/IR value is updated with Multiple clearing Documents against the individual Line items.

If we reverse the Clearing Document updated against the Item 87, We cannot do GRN again as there would be mismatch of the Amounts.

I Hope it is clear know.

Any help on this is really appreciated.

BR

RR