GR/Ir account clearance . MR11

[Former Member]

Hi Friends,

Need you help to clarifiy the following

1. I made a PO & Goods receipt is done .

2. I have done Invoice for this PO and also reversed the invoice i.e. Credit Memo done

3. Since I have done the invoice reversal now the GR/IR balance will exit . Now I want to clear the GR/IR account by cancelling the GR. i.e I want to do Movt type 102

4. While doing cancellation i.e. movt type 102 , system gives warning message as "Follow-up invoice(s) exist for Purchase Order 4500009019 00010 "

5. But it is getting posted and the GR/IR balance is getting nullified. Is this process is OK . Will it have any other financial posting impact?

Thx

deva

[raghavendra_praveen · Accepted solution]

Hi

Check the value of credit memo posted. If it cancels total invoice value and quantity then you can run MR11 for GR cancellation. You can check the final impact under status tab in PO.

Thanks