GR/IR Account Maintenance

1.

There are three correct answers.

Goods Receipt Amount Surplus

GR/IR Reconciliation Processing - Latest Processing Change

Open FI Items by Supplier

GR Amount Equals IR Amount

2.

There are two correct answers.

A vendor waives the charges for a purchase order (PO) item because the delivery was executed as a free of charge sample delivery.

A price variance is posted at IR.

The GR is posted as non-valuated.

Of the 100 pieces of material returned to the vendor, only 98 were credited to the vendor’s account because two pieces were damaged in transit.

3.

Choose the correct answer.

Monitor GR/IR Account Reconciliation

Reconcile GR/IR Accounts

GR/IR Process Insights

Clear GR/IR Clearing Account

Knowledge quiz