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Sap Gr/ir

The document describes goods receipt and invoice verification against purchase orders for various materials. It discusses: 1) Goods receipt against purchase orders for raw materials, packaging materials, traded materials, and stores/spares, with inventory and clearing accounts adjusted. 2) Invoice verification against purchase orders for the same materials, with clearing accounts adjusted to pay vendors. It also provides an example where the vendor charges a higher price than original for partially received raw materials.

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Mithun Roy
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261 views2 pages

Sap Gr/ir

The document describes goods receipt and invoice verification against purchase orders for various materials. It discusses: 1) Goods receipt against purchase orders for raw materials, packaging materials, traded materials, and stores/spares, with inventory and clearing accounts adjusted. 2) Invoice verification against purchase orders for the same materials, with clearing accounts adjusted to pay vendors. It also provides an example where the vendor charges a higher price than original for partially received raw materials.

Uploaded by

Mithun Roy
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1) Goods receipt against purchase order for various material:a) Raw materials goods receipt against purchase order

(Movement type 101) Raw Material Inventory A/C Dr. 45000 To GR/IR clearing RM a/c To Freight clearing RM a/c b) Cr. 40000 Cr 5000

Packaging materials goods receipt against purchase order (Movement type 101) Packaging material Inventory A/C Dr. 22000 To GR/IR clearing PM a/c To Freight clearing PM a/c Cr. 20000 Cr 2000

c)

Traded materials (Goods purchased for resale) goods receipt against purchase order (Movement type 101) Traded Material Inventory A/C Dr. 30000 To GR/IR clearing Traded a/c To Freight clearing Traded a/c Cr. 25000 Cr 5000

d)

Stores and spares materials goods receipt against purchase order (Movement type 101) Stores and spares material Inventory A/C Dr. 30000 To GR/IR clearing Traded a/c To Freight clearing spares a/c Cr. 25000 Cr 5000

2) Invoice verification against purchase order for various material:a) Invoice verification for Raw Material against purchase order GR/IR clearing RM a/c Dr. 40000 Freight clearing RM a/c Dr 5000 To Vendor Cr 45000 b) Invoice verification for Packaging Material against purchase order GR/IR clearing PM a/c Dr. 20000 Freight clearing PM a/c Dr 2000 To Vendor Cr 22000 c) Invoice verification for Traded Material against purchase order GR/IR clearing Traded a/c Dr. 25000 Freight clearing Traded a/c Dr 5000 To Vendor Cr 30000 d) Invoice verification for Stores and spares against purchase order GR/IR clearing spares a/c Dr. 25000 Freight clearing spares a/c Dr 5000 To Vendor Cr 30000 e) Invoice verification for Raw Material (when there is 50% stock coverage) and vendor has charged higher price of Rs 2 per kg. Original price Rs 10. Good Receipt 100 kgs Good Issue - 50 kgs Good balance 50 kgs GR/IR clearing Raw Material a/c Dr. 1000 (Rs 10 *100kgs) Raw material stock a/c Dr 100 (Rs 2 *50 kgs stock available) Price difference Raw Material a/.c Dr 100 (Rs 2 *50 kgs stock not available) To Vendor 1200

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