Accounting entry during miro & migo...

[Former Member]

Hi Experts,

What is the accounting entry that is genarated during MIGO & MIRO...

Regards.

[Former Member · Accepted solution]

Hi

Goods Receipt

Inventory Raw Material A/C Dr (BSX)

To GR/IR Clearing A/C (WRX)

Invoice Receipt

GR/IR Clearing A/C Dr (WRX)

To Vendor A/C

Regards

Venkat

[Former Member]

Dear,

MIGO-

Inventory ac Dr XXX

To GRIR Clearing ac Cr xxx

MIRO

GRIR ac Dr XXX

To Vendor Ac cr xxx