Posting: ERS After Goods Receipt
Goods Receipt
The receipt value is posted to the material stock account based on the purchase order price. The offsetting posting is posted to the GR/IR clearing account.
Evaluated Receipt Settlement (ERS)
In ERS, a settlement document is created. The GR/IR clearing account is balanced. The tax amount is posted to the tax account. The offsetting posting is posted to the vendor account.
When the invoice is posted, the system sends a credit memo to the vendor.