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.

1) What are the fields that you see when you create a vendor? 2) What is recon account? Is it possible to post directly in recon account 3) Why is the internal numbering is not possible for G/l accounts 4) How do u create vendor invoices and journal entries for the same. 5) Blocking a G/L Account

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