Skip to Content
author's profile photo Former Member
Former Member

Acct assignment po's to cost center

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

Add a comment
10|10000 characters needed characters exceeded

Related questions

3 Answers

  • Posted on Oct 02, 2008 at 01:27 AM

    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

    Add a comment
    10|10000 characters needed characters exceeded

    • 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

  • Posted on Oct 02, 2008 at 11:43 AM

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

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Oct 12, 2008 at 11:31 PM

    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

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.