Do You Know How Is Gr/ir Account Related To Inventory?

1.	Do You Know How Is Gr/ir Account Related To Inventory?
Answer» 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. 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.

Answer»

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.

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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Do You Know How Is Gr/ir Account Related To Inventory?