Posting MIRO before MIGO

Question

Dear Experts,
When a PO is raised for 100no's with each piece costing 10. Before posting a MIGO a MIRO is posted for 50 no's for 600.
Then the MIGO is posted for 100 no's.
what price will be taken at the time of MIGO?
what account get generated when the material is maintained in Standard Price as well MVP.
Regards,
Nani.

Answer 1

hi
>Is the value taken from MIRO for MVP or Standard Price.
it will take from MIRO only
>In this two cases what will be the accounting entries and G/L account hits?
with MAP
At the time of LIV (MIRO);
Vendor A/c - Cr
GR/IR Clearing A/c - Dr
At the time of GR (MIGO);
Stock A/c - Dr
GR/IR Clearing A/c - Cr
WITH STD
At the time of LIV (MIRO);
Vendor A/c - Cr
GR/IR Clearing A/c - Dr
PRD -Dr
At the time of GR (MIGO);
Stock A/c - Dr
GR/IR Clearing A/c - Cr
PRD-Cr
regards
kunal