Answer / haps

hi
MIGO is a tcode GR/IR(goods received/invoice raised)
vendor sends goods the company with goods receipt
and varification of goods is done with goods receipt.
payment is done based on physical inventory verification
the entries are
on material receipt: inventory a/c Dr
to GR/IR
on material acceptence: GR/IR a/c Dr
to vendor

Answer / monika.k

MATERIAL INWARD AND GOODS MOVMENT OUTWARD

Answer / james bond

MIGO is a part of 3 way matching or LIV process. When
material or service has been be received from the vendor by
your company; you
a. verify the value/qty against the PO
b. Create Goods receipt (MIGO)
c. Send to Payables


Hope this helps....

Answer / srinivasulu k

MIGO is a tcode which will use at the time of goods receipt to warehouse.we will generate GRN with Tcode MIGO.this is the first integration entry will be posted MM to FI that is Inventory DR
GRIR clearing account CR
GRIR is a just provision or clearing entry while receiving goods.

Answer / rams

i think it is nothing but posting an invoice through mm.

could you plz help me understanding or give an example about the accounting treatment "journal entry" in MM business cycle at the following : 1- When goods receipt 2- when MODVAT are Captured 3- Invoice varification 4- vendor payment and please how i could revers an entry when material is rejected thanks

0 Answers   BTS,

is there any alternate way for Field status Group.where we can suppress,optional and require entries can be done

5 Answers   KPIT,

Where is the configuration setting to be done for carrying out revaluation of planned activity prices in various cost objects?

0 Answers  

How do you create an asset accounting company code? : fi- asset accounting

0 Answers  

What is high leavel step in APP ? which is mandatory?

1 Answers   Seal Infotech,

Hi Kindlly Can i know what are the 14 Steps for Transfering Data from Excel to SAP. with T.Code and in Detail. It is a bit urgent Thanks

4 Answers  

Where we give advance payment indicator(Spl G/L) in petty cash book

2 Answers   Sony,

What are exchange rate "factors" ?

0 Answers  

I am interested in how to write Functional Specicification documents to be passed on SAP ABAP Consultants. After the Fit/Gap Analysis the RICEFW objects will be derived and functional specicifications will be written for the ABAPers to work on. I would be happy if anyone could send me examples, templates and explanations. Thanks Jay

0 Answers  

Explain fi-mm integration? : fi- accounts payable

0 Answers  

How do you configure the assignment of variances from product costing to copa module?

0 Answers  

I've getting this msg "could not determine year for TDS certificate number range" when I'm posting TDS on Rent invoice

2 Answers