INTERVIEW QUESTIONS SAP R/3 SAP FICO DETAILS

Question: What do you mean by Goods Clearing ? What are the journal entries for Clearing of Goods ?

Answer: Goods Clearing is related to Inventary Management. Whenever
Goods received against purshage order throught MIGO T.code
then GR/IR A/c Dr and Party A/c Cr. So Goods clearing
account automatically clear

Goods Clearing is related to Inventary Management. Whenever
Goods received against purshage order throught MIGO T.code
then GR/IR A/c Dr and Party A/c Cr. So Goods clearing
account automatically clear Source: CoolInterview.com

Whenever Goods received through purchase order through T.code : MIGO then Accounting Entry is Stock A/c Dr and GR/IR A/c Cr and whenever Original Invoice copy is recieved we Post Invoice Through T.code: MIRO then accounting entry is Party A/c Cr and GR/IR A/c Dr Like this GR/IR account Get Nullify and we have to Clear this account using T.code : F.13 (GR/IR Clearing). Source: CoolInterview.com

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