Ask a Fix­er: Demys­ti­fy­ing the GR/IR Process

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The Goods Receipt / Invoice Receipt (GR/IR) account is nor­mal­ly the most chal­leng­ing account to man­age. This is part­ly because of the num­ber of trans­ac­tions that are post­ed to it, and also because of numer­ous fac­tors that could lead to its discrepancy.

Attend this live Q&A with Oona Flana­gan, FICO Con­sul­tant and author of the SAP Press E‑Bite ​“Invoice Ver­i­fi­ca­tion with SAP: Pay­ment Blocks in GR/IR Accounts”, where you can ask your most press­ing ques­tions such as:

- In trans­ac­tion MIRO (post invoice) should I use a cred­it memo or a sub­se­quent cred­it to post a cred­it note from the vendor?
 — What is ​“Goods Receipt Based Invoice Ver­i­fi­ca­tion” and when should I use it?
 — What is the best way to post a ​“receipt” for a service?
 — Why does my GR/IR account have a bal­ance on it for a par­tic­u­lar pur­chase order when the amount of the relat­ed invoic­es seems to be correct?
 — When should I use Trans­ac­tions MRBR to release an invoice and MR11 to write off a balance?

Speak­er:
Oona Flana­gan, FICO Consultant

Web­cast Recording