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GRIR clearing account DEBIT Balance

Updated May 18, 2018

Dear Friends,

We are closing the year for my client, but there is a debit balance in GRIR clearing account, so could you please advise me in this regards, can i close the accounts for the year, and what would be the reason for having debit balance in GRIR clearing account.

Please advice me.

Comments

  • 12 Apr 2009 1:59 am Shalesh Singh Visen
    Chk for miro. It might have been done in excess of migo.
  • 12 Apr 2009 2:08 am Shalesh Singh Visen
    Debit balance in GR/IR indicates that MIGO done and MIRO not done. You can use T.Code MR11 to clear the entries.
  • 13 Apr 2009 1:10 am Shalesh Singh Visen
    I have a doubt that the difference will come in the following cases also.

    When there is two MIGO AND one miro is pending .
  • 15 Apr 2009 5:45 am Shalesh Singh Visen
    i think we all got it wrong here.

    A debit in GRIR is MIRO because the credit goes to Account payable (vendor acct) awaiting payment while credit is MIGO because the cost object i.e. cost centre, WBS, service order, internal order is debited. Ordinarily, GRIR should alway be credit balance that is why is liabilty acct.

    In your case the GR is not yet done. therefore i will advise you to create manual journal to debit your cost object such as cost centre, wbs, order as case may be with tcode fsb1 which reverses automatically in the following accounting year and credit GRIR since it is your year end.
  • 16 Apr 2009 1:30 am saperpguru
    Hi dears,

    Is there any chance of having debit balance in the GRIR Clearing Account.

    To our client there is Debit balance in GRIR clearing, that means MIGO is not happened, it can happen like this? if not, what are the possibilities?

    Please suggestion
  • 18 Apr 2009 3:00 am Shalesh Singh Visen
    There are chances of debit balance in GR/IR Clg a/c balance if a manual entry has been made in the same in the same account or no price difference account is attached to the same.

    Kindly check whether the same account is configured with the manual entry. If it is there then kindly make the same as non-manual entry to avoid further hassles. Then scrutinise the account for the debit balance in the same.

    Regards
  • 18 Apr 2009 3:23 am Shalesh Singh Visen
    PLEASE GIVE ME THE THE DETAILS OF WHAT IS HAPPING IN THE FOLLOWING CASES :-

    1. MIGO ENTY
    2.J1IEX - EXCISE CAPTURE ENTRY
    3.MIRO ENTY
  • 21 Apr 2009 1:33 am saperpguru
    In some cases where the PO is not GR based like service POs. In item details, Material the GR will not be ticked. If it is not, you cannot do MIRO without MIGO.
  • 20 May 2009 7:27 am Guest
    GR/IR debit balance shows in two scenario.

    1. MIGO happend and MIRO not happend for the PO or SES.
    2. Credit Memo with the reference of PO or SES.

  • 04 Feb 2010 5:24 am Guest
    There is a debit balance in the cash clearing account due to fiscal year.
    Checks have cleared after a certain date and therefore bank Main account has been credited now and the clearing entry from bank statement credits main account and debits clearing account.
    What is this debit entry called for reconciling purposes?
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