Material Purchase against Mov Type 501 (without PO)

[Former Member]

Hi Experts,

We have a problem, we want to purchase the some misc material ( like sugar, tea, building material, stationary etc) thru mov type 501 (we don't want to make the po), how to credit the vendor / how to post miro in that case.

Can some body tell us the complete process / cycle.

Regards

Ishu

[Former Member]

Dear,

If u are doing migo without purchase order so do the vendor payment through JV.

ABhinay

[former_member201758]

Hello Ishu,

You should have a PO or a scheduling agreement for purchasing from a vendor. Through FI route, payments are possible with help of JV postings. But I'll suggest a PO. Few type of POs are meant for this type. You can have a PO with limits and then GRs and IVs would handle purchasing processes.

Sanjeev

[Former Member]

Hi,

For 501 movement type invoice verification is not possible.

I think for in such scenario make a single PO for quantity u think u will receiving for the year based upon last year consumption.

then make GR with respect to this PO. so evrything will be proper.

[Former Member]

Hi,

1. Do the GR with MvT 501 using MB1C Transaction. Enter the Vendor code and post the item.

2. In MIRO, select 'Vendor' as the selection option instead of PO and enter the values and post the Invoice.

else,

You can post the invoice directly in FI using TCode : FB60. check with FI consultant.

[Former Member]

hi,

you can use the framework purchase order.

where you can give the description as stationary, mention the validity period and net value for that validity period.

after that against this purchase order, you can keep posting invoice verification for all materials like sugar, tea, stationary everything.

while doing miro, system will check for the validity period and the net value of the po, whether the value is exceeded or not.