GR/IR

The central reconciliation account in the SAP procurement cycle.

Definition

On goods receipt (GR) the system credits the GR/IR account; on invoice receipt (IR) it debits it. A residual balance flags a discrepancy to investigate: goods received but not invoiced, or invoiced but not received. Periodic GR/IR balance analysis (SAP transaction MR11) is a key step in reconciliation and period-end close.

Origin

A concept of the SAP ERP (MM Materials Management module), where the account is determined by transaction key WRX in the OBYC automatic-posting table; a generic equivalent exists in Oracle and other ERPs.

Example in context

GR of 100 pieces > GR/IR credit of $500; IR for 100 pieces > debit of $500; the account nets to zero. A $500 balance after partial invoicing signals a received-but-not-invoiced item.

Related terms

• Three-Way Match — control that relies on the receipt leg of GR/IR.