Goods Receipt / Invoice Receipt Clearing (SAP GR/IR Style): Three-Way Match, Variances & Accruals
Works with exports from SAP, Oracle, NetSuite or Dynamics. Match PO, receipt and invoice lines, measure quantity and price variances, apply tolerance limits, age the GR/IR clearing account, build the month-end accrual and write-off proposal, follow partial deliveries and reconcile the account to the ledger: 8 labs on one manufacturer.
The first lesson is free — no account needed.
Lessons
- Three-Way Match Basics: Pull Receipts and Invoices onto the PO LineFree
- Quantity Variances: Over-Invoiced, Under-Invoiced and Over-Delivered Lines Pro
- Price Variances (PPV): Valuing and Posting the Invoice Difference Pro
- Tolerance Limits: Quantity Block, Price Block or Release Pro
- GR/IR Open Items: Credit vs. Debit Balances and Ageing Pro
- Month-End Accrual Proposal: Reclassify GR/IR and Write Off Residuals Pro
- Partial Deliveries and Partial Invoices: Running Balances per PO Line Pro
- Capstone: Month-End Reconciliation of the GR/IR Account Pro