In SAP, the GR/IR Clearing process is used to clear the Goods Receipt (GR) and Invoice Receipt (IR) balances. The GR/IR Clearing account is used to manage discrepancies between the goods receipt and the invoice receipt for purchases. Essentially, the GR/IR account serves as a temporary clearing account to reconcile the differences between when goods are received and when the invoice is posted.
The transaction code for GR/IR Clearing in SAP is:
TCode: MRBR — Release Blocked Invoices
TCode: F-03 — Clear G/L Account
