Skip to Content

GR AMOUNT IS MORE THAN THE TOTAL P.O AMOUNT

Hi

I have posted the MIGO by entering the Excise amounts manually and the Material type Noncenvatable. But the G.R amount is more than the P.O TOTAL AMOUNT (around 20%)

Please tell me where and what to check

Dhanu

Add a comment
10|10000 characters needed characters exceeded

Related questions

5 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Jul 23, 2008 at 10:18 AM

    Hi,

    Please check the accounting entries in MIGO document, which account is hitting more amount. Check the Quantity received and po qty. Non cenvatable means excise amounts are add to materials cost (due to it is non modavatable and no claim from excise) and it may cause the rise in GR amount more than PO.

    Subrahmanyam

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Jul 23, 2008 at 10:06 AM

    Hi Dhana,

    In OMR6 Set Tolerance Limits for Invoice Verification Check the Settings.

    Reg,

    Ashok

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Jul 23, 2008 at 10:09 AM

    If you get an error message that the quantity exceeds the tolerance, then you have to decide whether you want keep the quantity or just want to receive the quantity you had in the PO and send the rest back to your vendor.

    IF you want keep all quantity, the ngo to the PO and change the tolerance to allow the full quantity to be received.

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jul 23, 2008 at 10:14 AM

    Hi,

    In PO itself,set the Delivery Tolerance so that more than PO quantity will not be accepted while doing MIGO.

    Regards

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jul 23, 2008 at 11:12 AM

    yes kv is correct as ur tax is non cenvatable so in this case during GR the value of tax will be added up with the material cost for ex in P.O the cost of mat is 100INR & tax value is 20INR so during GR the amount of mat will Rs 120, I think u got it , pl rewardif i had cleared ur doubt.

    sap11

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.