GRIR Account Relation To Inventory

[Arthur Wang]

How is GR/IR account related to Inventory?

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If you are involved with inventory, then you need the GR/IR account (Inventory Account) when the IR is posted.

If you are not involved about inventory, then the system does not need the GR/IR account when the IR is posted, the system needs a G/L instead of the GR/IR account.

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