The stock account is posted with the receipt value based on the standard price.

The offsetting entry is posted to the GR/IR clearing account based on the purchase order price.

The purchase order price is different to the standard price: The variance between the goods receipt value and the purchase order value is posted to a price difference account.

The material price does not change. The stock and value in the material master record increase in proportion to the goods receipt quantity.

The invoice quantity is greater than the goods receipt quantity, the GR/IR clearing account is cleared as follows for the portion of the invoice that has already been delivered and the portion that has not yet been delivered:

The offsetting entry is posted to the vendor account based on the invoice price:

A goods receipt is still expected for the invoice. The invoice price is different to the purchase order price: Therefore, the system makes a correction posting to the price difference account at invoice receipt.

The material price, stock, and value in the material master record remain unchanged.

The goods receipt quantity is greater than the invoice quantity. The stock account is posted with the receipt value based on the standard price.

The GR/IR clearing account is cleared as follows: The invoiced portion is valuated at the invoice price, the portion that has not been invoiced yet is valuated at the purchase order price:

The difference between the stock account and the GR/IR clearing account is posted to a price difference account.

The material price does not change. The stock and value in the material master record increase in proportion to the goods receipt quantity.