valuation at IV

[Former Member]

hi all,

Can you please help me with following

How is the quantity valuated at IV for the materials received if the invoice quantity is greater than the GR quantity?

i think it's valuated at invoice price as it is greater than GR quantity. Just wanted to make sure i am not wrong.

thanks in advance

shreek

[Former Member · Accepted solution]

Hi

1) If PO Qty is 10 and price is Rs. 2 i.e. PO is of Rs. 20 and invoice received for Qty 15 and still price Rs. 2 i.e. Invoice value is Rs 30 /- then Invoice will be blocked Qty

2) If PO Qty is 10 and price is Rs. 2 i.e. PO is of Rs. 20 and invoice received for Qty 10 and still price Rs. 3 i.e. Invoice value is Rs 30 /- then Invoice will be blocked Price.

3) If PO Qty is 10 and price is Rs. 2 i.e. PO is of Rs. 20 and invoice received for Qty 15 and still price Rs. 3 i.e. Invoice value is Rs 45 /- then Invoice will be blocked Qty & Price both.

All this block are determined based on your SPRO setting.

[Former Member]

Yes, invoice value/qty could be different from GR value, system would take care MAP automatically if things are different from GR while Invoice posting (i.e. MIRO)

Regards,

JPS

[Former Member]

HI,

The material price should not calculate on the quantity bassis, but the system checks only the Standard price or MAp only.

The system allows excess quantity on the basis of tolerences set in the configuration.

Regards,

Andra

[Former Member]

Why should one do an invoice more than what goods receipt?It means giving undue advantage to vendor

regards,

indranil