"Reverse" planned delivery costs stated in PO

[Former Member]

Hi,

In PO, we planned this delivery costs. During Post Goods Receipt, the amount of this delivery costs is debited into stock. So the accounting entries during PGR is Debit Stock, Credit GR/IR

But later, we discover that this is wrong- there will not be any logistic invoice for this and there will not be such costs. How can we reverse such an entry and close the outstanding PO due to this line? So I want to Credit Stock, Debit GR/IR. If there is no stock, it should be posted to Cost of Goods Sold.

Your help is much appreciated.

Thank you.

[Former Member · Accepted solution]

Hi,

Please check transaction-MR11 ,it will post the differences of GR/IR as per your requirement.

Thanks & regards,

Sandesh Sawant

[Former Member · Accepted solution]

Hi Sandesh Sawant,

Thank you very much! You are absolutely correct! 😃

Regards,