Mvt Type?

[Former Member]

What is the use of mvt type 501?

Please give me an example where it it will used?

[pankaj_singh9 · Accepted solution]

Hi,

501 - GR w/o PO

You can use this Movement type to receive materials from vendor w/o reference of Purchase Order.

For e.g.

1. Many times, you get materials on loan basis from your customer or any Business Partner

2. Sometimes vendors supply you the samples of the material (You can also receive samples thru 511 but it will not have any Accounting effect which in turn affects the MAP of the material so it is better to use 501 )

3. In case if Customer supplies you Raw materials and get the FG manufactured then you can use 501 to receive the Raw Materials from Customer.

Likewise there are many usage of 501 movement type.

During this movement following FI entry will get generated;

(BSX) Stock A/c - Dr

(GBB-ZOB) GR w/o PO A/c - Cr

[Former Member · Accepted solution]

Hi Pankaj?

Do we no need to pay the vendor or not ?

[Former Member · Accepted solution]

Hi

501 - Movemnt type used for GR w/O PO, That is Cash Purcahses .

Already either you pay the amoiunt to the Vendor using Cash or you get the material on credit & then Pay the Vendor using Direct FI Posting using Transaction FB60, If the Vendor Is maintained.

If the Vendor is not maintained, then You can post the Cash Journal Postings in Transaction FBCJ

Thanks & Regards

Kishore

[pankaj_singh9 · Accepted solution]

Hi,

Yes, if it is cash purchase then ofcourse you have to pay to vendor

You have to pay to vendor via F-53 - Post Payment

Here

Vendor A/c - Cr

Bank A/c - Cr

FBCJ is Cash Journal, it is totally FI work.

[Former Member]

Hi,

The use of movement type 501 is GR without PO into unrestricted stock.

If PO doesnot sent to vendor, means without PO , u can receive the goods from the supplying plant.

[Former Member]

Hi,

For each goods movement or invoice, system automatically picks G/L account corresponding to movement type. This is the main use of the movement type. (automatic account determination-AAD concept)

SAP provides the number of movement types to transfer the goods/materials from one location to another location like from plant to plant, stor.loc to stor.loc , one stock type to another stock type like unrestricted to quality etc.

Depending upon the business scenario , the movement typre are selected from available. u can define the new movement type also depending upon ur requirement if SAP is not provided.

In the AAD concept, the following terms are important.

1.chart of accounts 2.valuation grouping code 3.transaction event key 4. account modifier 5.valuation class

I will give u here the following movements types are used for subcontracting scenario.

movement type purpose

541 components provided to subcontracting vendor from unrestricted use stock

542 reversal for 541

543,544,545 subsequent adjustment may be under/over delivery

101 GR against PO

this is the main information about the movement type.

according to ur usage of this information, reward me.

[BijayKumarBarik]

Hi,

501 is used for goods receipts without purchase order.

You can do setting in OBYC, with ur chart of account with GBB with ZOB with G/L accounts.

Regards,

Biju K

[Former Member]

Hi,

MVT 501 is used for Goods receipt for PO, for example if you want to GR sample good, we will use 501.

Regards,

Satya

[former_member581212]

hi,

the mvt type is basically used to post the goods ...it may be for scrappiing , issueing, receipts, reversals, cancellation etc...

eg .101 is used for gr to unrestricted stock....

107 - gr to valuated block stock..

122 - return del .to vendor

Also the main use of Mvt type is for Automatic account determination

Mvt type along with the different combination with like: tcode, account gruping code, material type, valuation class etc..determines the posting ... etc...

we maintain this is in:

spro -> mm -> purchasing -> account assignment -> acc assignm w/o wizard -> in it you can all teh details...

Regards,

Priyanka.P

AWARD IF HELPFULL

Edited by: Priyanka Paltanwale on Jul 31, 2008 12:49 PM

Edited by: Priyanka Paltanwale on Jul 31, 2008 12:51 PM