When posting a valuated goods receipt for a purchase order, which G/L accounts are affected?

When posting a valuated goods receipt for a purchase order, the GR/IR (Goods Receipt/Invoice Receipt) clearing account is indeed affected. This account plays a crucial role in the accounting process associated with the procurement of materials. When goods are received, the GR/IR account temporarily holds the liability for the goods received but not yet invoiced, ensuring that the financial records accurately reflect the status of the inventory and the corresponding liabilities.

In this process, the asset account (Stock account) is also impacted, as the inventory value is updated to include the newly received goods. However, the primary focus of the question revolves around the signaling of the valuation process and the initial accounting entry associated with it at the point of receipt.

As for the other options, while they do represent relevant aspects of materials management, they are not directly involved in the initial accounting impact of a valuated goods receipt. The consumption account relates to goods used within the organization rather than the immediate receipt, the stock account arises as a result of the goods receipt, and the price difference account accounts for variances between the purchase order price and the actual invoice price, which comes into play during invoice verification, not at the goods receipt stage. The GR/IR account is the key element