What entries does the system pass at invoice verification for a non-valuated goods receipt with account assignment?
Understand the Problem
The question is asking about the accounting entries made during the invoice verification process for a non-valuated goods receipt that involves an account assignment. It is seeking to identify which accounts are affected by this transaction.
Answer
In invoice verification, there is a credit to the GR/IR clearing account and a debit to the expense account.
During invoice verification for a non-valuated goods receipt with account assignment, the system does not make any inventory postings. Instead, the entries made are solely against the expense account specified in the account assignment, and typically include a credit to the GR/IR clearing account and a debit to the relevant expense account.
Answer for screen readers
During invoice verification for a non-valuated goods receipt with account assignment, the system does not make any inventory postings. Instead, the entries made are solely against the expense account specified in the account assignment, and typically include a credit to the GR/IR clearing account and a debit to the relevant expense account.
More Information
In a non-valuated goods receipt, the goods are tracked by quantity rather than value, which impacts the types of financial postings made during invoice verification.
Tips
A common mistake is expecting inventory accounts to be affected, which is not the case in non-valuated scenarios.
Sources
- SAP GRIR Goods/Invoice Receipt - ERPCorp SAP FICO Blog - erpcorp.com
- Account determination for Non-Valuated material - SAP Community - community.sap.com
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