Question { 1022 }

How do you perform an invoice verification?

Answer

invoice verification we will do reference po or scheduling agreement
after process the goods receipt note tr code is MIRO
need to do tax calculation procedure before do invoice verification

Question { 1563 }

How can we take consignment stocks into our own stocks?

Answer

do transfer posting to other movment type is 501M
and check plant stock by using MMBE you ca nsee there

Question { 965 }

What is vendor master data?

Answer

hi all vendor master data one of the master data
here we are maintaining the vendor data such as
vendor address
vendor account details
vendor price
terms of payment
payment terms
currency
inco terms
abc indicator
dunnning procedure
etc we are maintaining in vendor master data

Question { 1077 }

Define consignment stock.

Answer

consignment stock is vendor s stock
customer or company providing premises in storage location for vendors material
compnay is not liable for that material vendor is only liable regarding that stock
when ever we use the stock we clear the amount regarding that qty

Question { 950 }

What are the steps that are involved in consignment cycle?

Answer

hello hi ,
1. need to create material basic data purchasing storage and accounting -mm01
2.create the vendor -xk01
3.create the consignment info record -me11
4.create the po item category - k
5.create the grn with refrence to po movement type 101
6.transfer posting vendor consignment to company owns stock 501 M
7.check the plant stock mmbe

Question { 1169 }

suppose in outline agreements
I fixed the price 58 Rs /kg for 200k
While I maintain the scale for the same material 50 k - 60 Rs
100 k - 58 Rs
150 k - 56 Rs
Like that

While I release the contract for only 50k against 200 k

The price where we will take

Answer

the price will take from scales only the price will be 60 rs for 50k