IR Reversal before GR reversal?

[Former Member]

Hi

This is an issue being faced by my client.

Basically some GR's have been posted with wrong price order unit which resulted in a large value (wrong) posting in the accounting document of the GR. IR's were posted with correct values. Thereafter they have tried to reverse/cancel the material documents posted with the wrong value but they could not do it with correct values. My analysis shows that unless the IR postings are reversed the GR postings cannot be rectified.

Please let me know yr thoughts on this.

Also need to know if these IR postings can be reversed, in order to correct the GR postings.

Rgds

Ravi

[Former Member]

Yes. IR needs to be reversed before GR can be reversed.

To reverse IR, you need to post Credit Memo. The procedure is same as that as posting an invoice, except you select "Credit Memo" instead of "Invoice" in MIRO.

You can also have the setting to reverse GR without reversing IR, but it is not recommended. I had faced a problem with this setting. This allows to reverse GR without reversing IR. Then I could post a new GR and MIRO for this GR. So better not to have this setting.

Lakshman

[Former Member]

Lakshman

Thanks for the quick reply. Need some more info. You mentioned that there is a setting in config. wherein we can specify that GR can be reversed without reversing IR. Could you pls. let me know the screen where it is done?

If the payment to vendor has been done for this PO, how do we go about reversing the GR? do we need to reverse the payment document too?

Rgds

Ravi

[Former Member]

<i>SPRO --> Materials Management --> Inventory Management and Physical Inventory --> Goods Receipt --> For GR-Based IV, Reversal of GR Despite Invoice</i>

Payment need not be reversed. Only the IR reversal should be sufficient.

Lakshman

[Former Member]

Thank you.