on 05-09-2010 8:08 AM
Hi Consultant,
I was told not to edit quantity and value during MIRO.
If edit quantity, it will affect the GR/IR clearing account?
If edit amount, it will have what impact?
Thx.
dear its not the method not to edit you have to edit if you recieve different quantity and value in the IR but once to do invoice verification with different value or quantity then after IR it will be in blocked status for payment untill clarify by the business between vendor and buyer.
Regards,
qsm sap
Edited by: qsm sap on May 9, 2010 10:18 AM
Edited by: qsm sap on May 9, 2010 10:18 AM
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I think there may be a misunderstanding regarding what you were told. You should never change the quantity and value as shown on the invoice. This should be input faithfully in to MIRO and I suspect this is what the person who told you not to update MIRO meant.
What will be proposed to you during MIRO, if you have GR type PO, is the quantity GRed to date and the value of that GR quantity based on the unit cost from the PO (as indicated above, you absolutely can change the proposed quantity/value).
You're immediate concern is to input the invoice data in to MIRO faithfully. Whether the invoice will block, whether the GR/IR account balances eytc. is an issue to be dealt with subsequently.
Regards,
Nick
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>Change of either quantity or even amount during MIRO, will make the GR/IR not match?
>Say I change the amount (not quantity) during MIRO, the GR/IR account will be different? I thought of only change of quantity, >GR/IR will become different.
See changing qty will make GR/IR to not match...
But changing price will make a posting to PRD account or stock account depending on the price control.
Edited by: Antony anburaj on May 9, 2010 3:17 PM
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Yes.
you can very well change the quantity as well as value while doing MIRO..
Ex:
Say you have a PO for 100 items for Rs1 /ea
GR has happened for 50
So accting entries:
Stock: Dt: 50
GR/IR: Ct:50
and at the time of MIRO
If you change the qty and value to be 100 and 1000Rs and post
then
Vendor: Ct:100
GR/IR: Dt:100 ( means 100-50 =Ct 50 which expects further GR)
This will be your accounting entries at the time of MIRO..
But invoice will be blocked for payment due to qty variance.
May be in your case the company is not allowing due to business reasons. ( ie they dont want the vendor to be paid unless untill he delivers all goods.).. but still it is very well controlled since it is blocked for payment and it will be released when MRBR is run
Edited by: Antony anburaj on May 9, 2010 9:50 AM
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Let me explain with examples
Po qty = 10 Po price = 100 price conrol = V
GR qty= 10 GR value = 100
Stock - 100 debit
GR/IR - 100 credit
scenario 1:
MIRO with only value change (90 instead of 100) and qty = 10
Vendor - 90 credit
GR/iR - 100 debit
price diff - 10 credit
Conclusion : There wont be any GR/IR balance if you change only the value and price control is V
Scenario 2:
Value same but qty changes . qty= 8 ,value = 80
Vendor - 80 credit
GR/IR - 80 debit
suppose qty= 8 ,value = 100
vendor - 100 credit
GR/IR - 80 debit
Price different -20 debit
GR/IR values comes depends on qty .
i hope now it is clear
>
> Hi Consultant,
> I was told not to edit quantity and value during MIRO.
> If edit quantity, it will affect the GR/IR clearing account?
> If edit amount, it will have what impact?
>
> Thx.
When doing invoice in MIRO you donot edit quantity and value as at time of GR following accounting
entry took place:
Material - Debit
GR/IR - Credit
At time of MIRO this entry takes place:
Vendor - Credit
Gr/IR - Debit.
So you can see that GR/IR account is getting cleared at time of MIRO. If you change the value, then GR/IR
account will not get cleared and will stay open.
Yes you can change quantity when you are doing SUBSEQUENT DEBIT, and yes you can change value when
you are doing CREDIT MEMO in MIRO, but not while doing INVOICE in MIRO.
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