Finance & Controlling
What is GR/IR Clearing Account (GR/IR)?
A clearing account that holds the value between goods receipt and invoice receipt for purchase orders.
Goods receipt credits GR/IR and invoice receipt debits it; matched items are cleared. Persistent balances indicate quantity or price differences or missing documents. GR/IR analysis is standard in month-end close and P2P testing.
Related transaction codes
Related terms
Goods Receipt
The goods movement recording receipt of goods from a supplier or production, increasing stock.
Logistics Invoice Verification
The MM process for entering and checking supplier invoices against purchase orders and goods receipts.
Three-Way Match
Validating that purchase order, goods receipt, and invoice agree on quantities and prices before payment.
Open Item Management
A GL account setting that tracks individual line items as open until they are cleared against offsetting items.
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