Can anyone tell me where can i maintain Chq. MICR Code in the Vendor Master ?
There is no specific field for MICR code. How ever, the following two fields in the vandor master / payment transactions tab ,can be used for this purpose.
1) BNKLZ - (Bank Number - under bank data)
2) BKREF - Bank reference field
These fields are not used otherwise in the indian scenario, hence these fields can be used for MICR or IFSC codes