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Former Member
Aug 02, 2009 at 11:46 PM

grc and stock account

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hi,

i have 2 issue to seek advice.

after invoice posted, following correction.

1) if use credit memo/invoice with reference to PO. with qty change, the double entry will be dr vdr cr GRC. may i know how system treats the difference of GRC? the difference goes to which account?

2) if use subsequent dr with reference to PO, no qty change, the double entry will be cr vdr dr stock. meaning GRC already netoff during invoice posted. now the changes is directly updating stock account (stock acc which associated to valuation class)?

thanks