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 |
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