5. MM cycle or Purchase cycle

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5. MM cycle or Purchase cycle..

Answer / sathishkumar k

PURCHASE REQUEST (ME51N) purchase cycle
PURCHASE ORDER (ME21N)
G/R OR I/R NOTE (MIGO)
EXCISE INVOICE (J1IEX)
INVOICE VERIFICATION (MIRO)
PAYAMENT (F-58)

Is This Answer Correct ?    36 Yes 1 No

5. MM cycle or Purchase cycle..

Answer / mayank mishra

PR me51n/me52n/me53n (purchase reuisition)
me54 (PR approval)
me41/me42/me43(Request for Quotation)
me47/me48/me49 (Quotation comprision)
me21n/me22n/me23n(Purchase Order)
me29n (PO Approval)
migo (goods Recipts)
j1iex(In case of excise Invoice)
Miro (Invoice verification)

This is norman cycle, except that may be material move for
subcontracting in that case you again raise a
Subcontracting PO(K) & use mb1b movement tyle 541 to move
the material from vendor end then Migo MIRO.

Is This Answer Correct ?    13 Yes 0 No

5. MM cycle or Purchase cycle..

Answer / noorulla

purchase depatment rise the po order---
enquire,quatation,prize compar
after that the purchase depatment rise the po order
after goods recipt
inventory a/c dr
to ir/gr clearing
at invoice varification
ir/gr a/c dr
to vendor
at payment to vendor
vendor a/c dr
to bank

Is This Answer Correct ?    13 Yes 3 No

5. MM cycle or Purchase cycle..

Answer / kareem

Determination of Requirements

Create Quotations of vendors

Maintain Quotations of vendor

price comparison of the vendor(low price & best quality)

Select Source of supply(Best supplier)

Purchase order creation

Approval of Purchase order( from higher-level)

Purchase order monitoring(follow up from vendor)

Goods receipt for purchase order

Receive In-voice from the vendor

Verify and release In-voice for the payment

Is This Answer Correct ?    9 Yes 0 No

5. MM cycle or Purchase cycle..

Answer / yusuf

Placing purchase order through me21n then
Migo then Miro

Is This Answer Correct ?    17 Yes 12 No

5. MM cycle or Purchase cycle..

Answer / kareem

Request Requisition

Price list Request for Quotations

List of all Tv's Quotations

Price Comparison Price Comparison

Purchasing purchas order

Goods Receipt Goods Receipt

Stores Inventory management

Invoice(payment)

Is This Answer Correct ?    5 Yes 1 No

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