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KNOWLEDGE CENTRE

Where did my Purchase Order (PO) reserve go after the GR/IR clearing program was run?

You may be looking at your reserves/commitments in your Funds Management (FM) reports and notice that they are lower then they were prior to the running of the annual Goods Receipt (GR)/Invoice Receipt (IR) clearing program in March.

In situations where a Purchase Order had a Goods Receipt processed against it but no Invoice Receipt, the annual GR/IR clearing program will nullify the existing Goods Receipt entry by posting an offsetting 48-series document and will release the reserve/commitment.

 


Last Updated:  September 8, 2021