on 02-15-2008 8:34 PM
Hello all,
MIRO & MIGO and the configuration steps of the this two-please send me in detail.
Aruna.
Hello aruna,
MIGO - Goods Receipt
You have to create a GL account With AUTOMATIC posting. (i.e. GR/IR a/c). Assign this a/c to Transaction type WRX (i.e. GR/IR Clearing a/c) in TC OBYC.
It is pertaining to the MM module. Whenever the product received into our factory/Plant, we have to prepare goods receipt. For preparing MIGO, the following are required:
1. Company Code
2. Plant
3. Purchase Organization & Purchase Order
4. Storage Location
5. Storage Bin
6. Vendor
7. Material etc.
MIGO entry will be as under:
Inventory Account - Dr.
GR/IR account - Cr.
Purchase account - Dr.
Purchase Offset - Cr.
MIRO - Payment for the Invoice
This pertaining to FI Module. For this you have to enter the Purchase Order or Service entry sheet No. for the required entry. After entering purchase order, it will populate all the goods receipt pertaining to the purchase order. You have to select the particular entry for that you are going to make the payment. Take the appropriate tax code and check the difference is 0, simulate and save.
You have to create a GL account (i.e. Inventory RM a/c). Assign this a/c to Transaction type BSX (i.e. Inventory Posting a/c) in TC OBYC.
All other settings will be done by MM Consultant.
MIRO Entry will be:
Vendor account - cr.
GR/IR account - Dr.
Cenvat account - Dr.
Regards,
shashikanth.
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