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Grir accounting

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jayashree

Asst.Manager

37 Points Posted on 31 January 2016

hello, I need help to set up correct GRIR accounting process... currently we are havin . imbalances in same because of GR booked but IR not, GR booked but GR return not... wrong YTD clearings... can.anybody help me to.set up correct process like what will be ageing of PO.. what will be threshold and effect of GRIR imbalances on balance sheet on higher level

Replies (5)

jayashree

Asst.Manager

37 Points Posted on 12 February 2016

is there anybody who is having knowldge on this

jayashree

Asst.Manager

37 Points Posted on 12 February 2016

is there anybody who is having knowldge on this

jayashree

Asst.Manager

37 Points Posted on 12 February 2016

is there anybody who is having knowldge on this

Sathish M

Management Accountant

40581 Points Posted on 12 February 2016

What is GRIR? I have not personally heard this term, so without knowing what is the problem you are facing, most of the members may not be able to help you.

jayashree

Asst.Manager

37 Points Posted on 13 February 2016

kindly check for.more details on google in short gr is goods receipt.and ir is invoice receipt. in amounting grir is.controlling account where when we received goods need to entered like inventory Dr to.giri account and when we receive invoice entry will be grir debit to vendor..I have noted problem above