Acct assignment po's to cost center

[Former Member]

Hello friends

i need to know if a PO that is acct assigned to costcenter and there is no material master on the po it is only text item. will i be able to do three way compariosn for invoice verification. also please tell me if we can do gr for the text line item on the po.

Regards

[Former Member]

Hi

As advised can you please close the thread it will only help other people to navigate better and help.

I think you got your answer yes it is possible to do three way match with acct assigned POs with cost center.

Thanks

[former_member529134]

If your doubt is cleared, do close the thread after rewarding appropriately.

[former_member529134]

Hello

Having an account assignment category 'K' in the PO does not always mean that it will be an item only with text description.

You can create a PO with account assignment for a material having material master data also if that is for direct consumption. We can purchase only the materials with master records for stocking.

And the GR will be as normal only and the storage location field in the 'Where' tab in migo will be greyed out as the material will be for direct consumption and not for stock.

Also at the case of MIGO, the consumption account will be debited and the GR/IR clearing will be credited when the PO is having n account assignment category 'K'.

At the time of miro, the system cross checks the entries with the MIGO as in the normal case.

Regards

[former_member581212]

hi,

Yes you can do Gr for the PO...

but the difference will be this that instead of stock account the posting will be for the consumption accountie. to the defined Valuation class for the Cost centre...

When you do Gr the posting will be :

GR/IR Consumption account - Credit

Vendor account - Debit

Atthe MIRO ie. at IR:

GR/IR : Debit

Vendor account - Credit...

Hope it helps...

Regards

Priyanka.P