account entries at tie of migo and miro

[Former Member]

Dear Gurus,

please let me know about the account entries at time of MIGO and MIRO.

thanking you in advance

Best regards,

Raghu

Edited by: Csaba Szommer on May 22, 2011 3:20 PM

[Former Member]

Hi ,

Check the below link .

It has a detailed description on for which price control what is the accoutig entries at the time of GR and IR .

[Price control and accounting|http://sap-materialmanagement.blogspot.com/2009/09/price-control.html]

[kailas_ugale]

Hi

check this link

[accounting entries|http://sap-iq.blogspot.com/2009/09/accounting-entries-for-mm-fi-related.html]

Regards

Kailas ugale

[Former Member]

Dear,

During MIGO Goods receipt,

Inventory stores a/c - Debit entry of value 'x'

GR/IR clearing a/c - Credit entry of value 'x'

For MIRO,

Vendor a/c - Credit entry of total invoice value

GR/IR clearing a/c - Debit entry of value 'x' & Few other entries

Regards,

Syed Hussain.

[Former Member]

HI

During migo & miro material as well as financial document generated the entry is

goods a/c dr

vendor a/c cr.

Regards

ronny