What is MIGO and MIRO ? issues related to them
Answers were Sorted based on User's Feedback
Answer / pratik pandey
MIGO is Goods Received is posted
Inventory a/c - - dr.(transaction key BSX in OBYC)
To GR/IR a/c (transaction key WRX in OBYC)
MIRO is Invoice Received
GR/IR a/c- - - dr.
To Vendor a/c
Is This Answer Correct ? | 59 Yes | 11 No |
Answer / nilesh
MIGO & MIRO is a process which is a part of p2p cycle.
Activity Tcode Accountin entry TRansaction key A/C Entry
PR me51k NO
PO me21n NO
MIGO(Goods Receipt) migo YEs BSX WRX Ivnty DR to GR/IR CR
MIRO(Invoice receipt) miro Yes WRX GR/IR DR to Vendor CR
Payment to Vendor f-53 Yes Vendo A/c DR to BAnk CR
Is This Answer Correct ? | 1 Yes | 0 No |
what will be the entry in books of accounts where purchases are made but bill not yet booked.
How do you configure the gl account for the house bank? : fi- general ledger master data
why cant we use primary cost elemement category o1 in place of 12 ? 12 is also used for expences? what is the reason/
What is the advantage of bw reporting on co-pa data compared with directly running the queries on co-pa? : co-pa
how many currencies can be given to a gl account ?
What is a company code and what are the basic organizational assignments to a company code?
Which is the payment term which actually gets defaulted when the transaction is posted for the customer (accounting view or the sales view)?
Can anybody arrange SAP Consolidation configuration material ?
What is the meaning of accrual calculation? : cost center accounting
How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?
What is document type, and what does it control? Examples.
While posting Asset Scrapping in ASset Accounting. If we get revenue from that ASset Scrap how can we adjust it the Asset. Becoz the total scrap value is LOSS on ASset scrap. But in general there will be some revenue when we scrap asset how to treat it and adjust it