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Former Member
Oct 04, 2012 at 03:10 PM

GRPO not posting to Purchase Variance Account

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SBO Version: 8.82 PL05

Forum,

I have the following scenario:

The Goods Return was not created from a Goods Receipt PO, however its value was €249.83 and this is the value shown on

the open item list.

The journal posting relating to this return details a value of €260.77. Thus we have an imbalance between the open item list

and our general ledger.

The €260.77 represents the standard cost of the returns and this is the value we would have expected to have been credited to stock. €249.83 should have been debited to Accruals GRNI Stock and the difference should have been written off to Purchase Price Variance and historically we can demonstrate that this is what has happened.

Would anyone be able to assist?

Orla