Custom's MIRO reversal

Dear Experts,
I did a custom's MIRO for one of my Import purchase order. Instead of doing it in INR, i wrongly did it in USD. The very next moment, I reversed the MIRO. There was no other document posted for this PO in between.
When i reversed this Custom MIRO through MR8M, it hit the Price Difference Account.
Can any tell me the reason why it hit price difference account???
Regards
Sourabh

Dear Experts
I have gone through these notes but these are applicable basically where there is a diff in exchange rate between MIGO and MIRO or where MIGO has taken place and there is a difference in amount of MIGO and MIRO.
But when we do customs MIRO, no stock account or any P&L account gets hit. Its one liability account debit (Custom Clearing.....Dr) to another Liability Account (Customs Payable). GRN also has not taken place between posting of customs MIRO and its reversal.
There is no change in exchange rate also at this point of time
So why at the time of reversal a P&L account (price difference account) should be hit.
Regards
Sourabh

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Custom Miro Reversal

Custom MIRO done and reversed in the same date & hitting PPV in the reversal document. both the Cusomt MIRO & reversal have same exchange rate. Why the PPV is hitting? Can anyone help on this?

Dear Experts
I have gone through these notes but these are applicable basically where there is a diff in exchange rate between MIGO and MIRO or where MIGO has taken place and there is a difference in amount of MIGO and MIRO.
But when we do customs MIRO, no stock account or any P&L account gets hit. Its one liability account debit (Custom Clearing.....Dr) to another Liability Account (Customs Payable). GRN also has not taken place between posting of customs MIRO and its reversal.
There is no change in exchange rate also at this point of time
So why at the time of reversal a P&L account (price difference account) should be hit.
Regards
Sourabh

MIRO reversal problem

Hi Friends,
One of client has wrongly done a MIRO. When they are doing customs duty MIRO, they wrongly choosen currency as USD instead of INR. Neverthless the entry has been posted in USD as follows:
Customs clearing account Dr. xxxxxx USD
to Commissioner of Customs xxxxxx USD
we have instructed them to reverse the same and do it again in INR. When they are reversing the MIRO through Transaction Code MR8M the entry posted as follows:
Commissioner of Customs account Dr. xxxxxx USD
to Customes Clearing account xxxxx USD
to Price Difference account xxxxx USD
in the above entry roughly 50% of the customs clearing account is posting to Price difference account.
What could be the reason?
Can any one suggest me the best solution?
Regards
Prabhakar

Dear Aravind
Thanks for your reply, we have done both MIRO and MR8M on the same day and we have not choosen any price difference account at posting. Whatever the price difference it posting it is posting correct GL account only.
My basic question is why the price difference account is coming into picture, when we are simply reversing the MIRO. it has to simply reverse the document what originally posted.
Please think over it and try to reply
Regards
Prabhakar

Miro Reversal and GR IR Clearing

Dear Friends,
Once Migo and Miro is done and subsequently the miro is reversed while doing auto clearing of GR IR Account, the system is knocking off the original migo and the original miro and leaving the reversed miro as open item instead of clearing the original miro against the reversal miro.
Is this a standard functionality due to cenvat issues or is there some other problem.
Please advice how to take care of the same.
Regards
Mukesh

This is standard only.
When cenvat is there it should be very carefull at the time of MIRO and reversal of same in the same month.
Manual clearing of MIRO & reversal of MIRO documents

Custom clearing MIRO

All Experts,
In Purchase order i have maintained total 20 conditions out of which 7 are custom conditions.
Now while doing custom clearing miro, only those 7 conditions ( JCDB,JCV1,JECV,J1CV,JEDB,JADC,JSDB ) are displayed ?
Why and How ?
And every time while creating miro system asks for company code, Why ?
Thanks & Regards,
Sandeep

In Purchase order i have maintained total 20 conditions out of which 7 are custom conditions.
> Now while doing custom clearing miro, only those 7 conditions ( JCDB,JCV1,JECV,J1CV,JEDB,JADC,JSDB ) are displayed ?
>
> Why and How ?
>
> And every time while creating miro system asks for company code, Why ?
Hi Sandeep,
What exactly is your query?
For these 7 condition types (JCDB,JCV1,JECV,J1CV,JEDB,JADC,JSDB) which are payable to a particular party (customs dept) you are entering the MIRO with Planned Delivery Costs and system will list all those condition type records maintained in the PO.
Now you have a main supplier (ABC Ltd) whom you are paying base price value, packing, etc.
You are paying various custom duties to customs dept which you maintain in JCDB,JCV1,JECV,J1CV,JEDB,JADC,JSDB etc and in the PO You will be assigning the Vendor to each of the condition type to enable system to post payments to other vendors (such as customs dept)
If other charges/costs such as Freight, Insurance, labor charges, Demmurhage, Port charges etc are to be paid to another vendor/vendors the same you assign in the PO per condition type.
Thus in MIRO with the option Planned Delivery Costs system will display all the vendors you have assigned in PO per condition type.
If you select Goods/service+Planned Del Costs then its implied that all the costs are going to a single vendor. In your case, of 20 condition types, you have 7 conditions relevant for Customs Dept and other will go to main vendor. If they belong to some other vendor then assign the vendor accordingly.
If you have more than one Co.Cd in your client it will ask fo Co.Cd for each MIRO trxn since MIRO postings are ar Co.Cd level.
Hope its clear
Revert if needed
Regards
Shiva

Urgent--Error in MIRO reversal

Hi
While doing MIRO reversal system giving me error as "Error in account determination for VSE CAIN"
CAIN is my chart of accounts an VSE is transaction key for higher education cess.
I checked in VSE ,G/L is there.
Then I made Dr and Cr for same G/L in VSE.
Then system giving me error as "Balance is not zero."
What will be the reason?
How to solve this problem?
Its urgent pl?
Points sure for any help.

Enter the balance amount in the amount filed then you will not see this error.

Postings during MIRO reversal

Hi Gurus,
I have created a PO with account assignment (GL).
*During MIGO entries are:*
Acct Assignemnt(GL)   +
GR/IR                         -
*During MIRO:*
GR/IR                        +
Vendor                       -
But during MIRO reversal via MR8M:
Vendor                      + (full amount)
GR/IR                        -   (Partial)
Acct Assignment(GL)   -   (Partial)
Why it hits account assignment (GL) during MIRO reversal?
Please throw some light.
Karthi

Thank you Srinivas.
The entries are like this:
MIGO:
GR/IR                     100
Cons. Account        100
MIRO:
GR/IR                     100
Vendor A/c              100
Reversal of MIRO:
Vendor A/c             100
GR/IR                      30
Cons. Account         70
Please clarify.
Karthi
Edited by: Karthi Paramas on Nov 6, 2008 10:07 AM

Why miro reversal is not showing reference of original miro.

Dear experts
Why miro reversal is not showing reference of original miro. There is any provision for in system for that?/
regds
sachin

Hi Sachin,
While MIRO Reversing through MR8M Transaction code only.
Where you should Enter the MM- Document Number (Not for FB03- FI Document Number)
Check before Reversing the MIRO Document in MIR3.
If the Above answers are correct Which type of Error comming let clarify.
Regards,
Kishore K

Customs Duty MIRO Problem

Hai Friends,
We have made one import PO, After i received 50% quantity for which i have done MIRO for Customs duty. i have done GR..
Then i have received rest of quantity for which i have done MIRO Wrongly
that system has generated accounting document like this
Commissioner of Customs     19,756.42-
Cenvat Clearing     92.11
Cenvat Clearing     2,702.17
Customs CLG a/c     7,070.00
Cenvat Clearing     9,211.20
Cenvat Clearing     184.22
Customs CLG a/c     331.15
Customs CLG a/c     165.57
, So that immediately i have cancelled the miro where system has generated accounting document like this
Commissioner of Customs     19,756.42
Cenvat Clearing     30.70-
PRICE DIF RM# U-1     61.41-
Cenvat Clearing     900.72-
PRICE DIF RM# U-1     1,801.45-
Customs CLG a/c     7,070.00-
Cenvat Clearing     3,070.40-
PRICE DIF RM# U-1     6,140.80-
Cenvat Clearing     61.41-
PRICE DIF RM# U-1     122.81-
Customs CLG a/c     331.15-
Customs CLG a/c     165.57-
Why price diffence a/c is coming here...
can anybody plz explain my doubt & clear this problem

Yes, If you are cancelling MIRO then also it will hit Price Difference if there is not enough Stock Coverage.
Since at the time of Customs Invoice (MIRO), Customs Duty Clearing gets debited and same gets credited during GR (MIGO) and gets loaded on Stock A/c (Dr)
Since you are cancelling MIRO for the PO for which GR is done so it is quite obvious that price Difference will arise if enough Stock Coverage is not there.

Custom Duty MIRO

Dear Experts,
I have one query regarding Custom MIRO, we have created one custome miro and it should be in INR but we have captured in USD. After that we have reversed the Custom MIRO by giving credit memo.
But the major problem is at the time of giving Credit Memo system has by default change the values much more than what it should be.
When the custom Miro done the entry comes in G/l 16020411
                                                                      USD                                     INR
16020411- GR/IR CLG-CUSTOM-                287,736.00                         13,595,526.00
But when given credit memo to particular account the entry comes in
16020411     GR/IR CLG-CUSTOM          291,889.45-                    6,677,577.06-
1050902              PRICE DIFF-RM IMP                0.00                                     6,917,948.94-
41050902     PRICE DIFF-RM IMP                  4,153.45                              0.00
I just want to know why the system is not doing the credit memo in a proper way that what is it already do & why is taking the balance in price diff. account.
And by this reason when we have done MIGO for particular material comes from vendor it is showing much more amount in the same g/l.
Thanks in advance.
Regards,
Pankaj Rana

Hi
Reverse the Custom MIRO through MR8M and than book the same in INR. Your issue will be resolved
Regards
Sanil

Sap miro reversal error

Hi,
I am try to reverse the MIRO by MR8M i am geting on error massage " you are not authorized to post transactions in plant 1" Please guide me how to solve this issue MIRO is been posted on Plant 3 and reversal activity is also at Plant 3 .
I also check the authorization level also correct.
Please reply me .
Regards,
Mahesh Kumar

Looks like message ZFI003 is a custom message.
Standard message is FI003. check this thread.
Error message FI003 "FM area XXX does not exist"
May be some more authorizations are missing from FI side.

Customer open iteam reversal

HI Experts
I have problem in customer open iteams
i am having open iteams on different dates in different years
is it possible to reverse all open iteams at a same time
what is the best way to reverse number of open iteams at a same time
can any one give me a solution for my issue
Thanks in advance

Hi
Goto T-code FB15
select the customer and company code
enter
select the debit item and assign then confirm all execute to clear
regards,
ramanuja chary

MIRO reversal split the value between GR/IR clearing and 3rd party material account

Dear Team,
We are facing the issue in MR8M for PO 4500002602; the PO has been created on 11/30/2012 in the previous fiscal year and performed the GR and IV in the 2013 fiscal year.
For one GR the accounting flow is as follows:
For the 3 GR's 5000013746, 5000013747 and 5000013748 one IV has been done 5105612646, at the time of IV the account entry is as follows
GR accounting entry:
Account
Cost center
Description
Amount
610020
3500
3rd Party Mat (SP)
1,450.41
211200
Gds Rcvd / Inv Rcvd
1,450.41-
610020
3500
3rd Party Mat (SP)
1,506.62
211200
Gds Rcvd / Inv Rcvd
1,506.62-
610020
3500
3rd Party Mat (SP)
400.35
211200
Gds Rcvd / Inv Rcvd
400.35-
IV entry:
Account
Cost center
Description
Amount
100762
AIR PRODUCTS & CHEMICALS
-4,135.98
211200
3500
Gds Rcvd / Inv Rcvd
3,357.38
651200
3500
NITROGEN SUPPLIES
778.6
750090
1100
Sales Tax
55.01
216200
Use Tax AP - State
-55.01
But for the same IV when user reversed with MR8M system split the GR/IR cost as follows:
Account
Cost center
Description
Amount
100762
AIR PRODUCTS & CHEMICALS
4,135.98
211200
3500
Gds Rcvd / Inv Rcvd
3,245.65-
610020
3500
3rd Party Mat (SP)
111.73-
651200
3500
NITROGEN SUPPLIES
778.60-
750090
1100
Sales Tax
55.01-
216200
Use Tax AP - State
55.01
One line item at the time of MIRO i.e. 3357.38 is split into two line items i.e. 3245.65 and 111.73 in reversal.
But in quality system when we create new PO, GR and IV system is working fine why in case of previous year PO system is behaving like this.
Kindly advice.
Regards,
Ravi

Dear Team,
Any update on the above issue, please let me know any of you faced this type of issue so far and please through some light on the issue.
Regards,
Ravi.

Error in MIRO Reversal - MR8M

Hi Experts,
User is getting the error while reversing the MIRO entry using T-code - MR8M
"Company Code / Cost Center number CTR belongs to business area BA1 not BA2".
I checked in ME23N and MIR4. In both the T-codes correct Business Area is used i.e. the BA2.
Please help where else I could look for the assignment of business area.
Thanks

Hi:
Please check out which business area has been maintained in your cost center master data in KS03 as being used in your transaction. It is quite possible that before reversal the cost center assignment has been changed between invocie posting date and its reversal date.
Regards

Custom field - MIRO

Hi all,
I added a custom field in MIRO transaction regarding Accounting Info. This field is populated during MIGO and MIRO when we post it, in traction GGBO.
Now my require is I want to restrict this field to be populated for some GR/IR accounts. I have tried it in GGBO but at the time of GGBO it doesnt hold any value , but when it goes to standard code after that , this value is agin get populated.
Please help me out.
Regards,
Nilesh.

Hi,
on Invoice verification screen e.g. MIRO screen system does not allow to make any addition or deletion by Field selection functionality and there is no user exit available to add addtional fields to this form.
Regards,
Ashish

Custom's MIRO reversal

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