Fi to mm

Question

I have to pay vendor 5000Rs advance through cheque. If its clear vendor sent to us  material  first step inv of rm a/c dr      to gr/ir a/c dr. This entry in sap automatically generated or manually enter by user. second procedure gr/ir a/c dr   to    vendor  in second entry how we will cancel  offsetting entry in sap. & after we will receive the material we will transfer advance amount to  specific materail (transfer amount manually or automatically) . If end user forget the clerance of advance payment to invoice the balance sheet amount & p&l a/c showing double amount. How we will rectify this issue.

Answer 1

hi
U pay advance payment to vendor 5000
u receive a material anf post migo
Stock A.c Dr
GR/IR Cr
then u post the miro
Gr/IR Dr
Vendor Cr
now after this what u want , can u explain
regards
Roobal