sale of project stock material to vendor

[Former Member]

Hi Friends,

The scenario goes like this. I have given a service order to a vendor for 1 lakh. I buy cement from my company (which is in vendor's scope) and provide it to the vendor. In the end I must debit it to the vendor's account. Through manual entries from FI, this can be achieved. But the client is requiring other solution for this. That is, can I sell the project stock material to the same vendor instead of manual debiting method?

regards

Pratap.V

[Former Member]

Hi,

You can sell the materials to the Vendors. In the Vendor master you should select as Customer & vice versa for Customer master. Sale Order will be created for that Vendor & the billing will happen which will debit the biling amount from Vendor account.

Hope this will help you.

Regards,

Rakesh Pradhan

[Former Member]

Hi Rakesh,

How is it done in vendor master? I cannot see any such option in vendor master.

You mean to say that a vendor can act as a customer simultaneously.

Please put some more light on what you suggested in your reply.

regards

Pratap.V

[Former Member]

Hi,

Check the Vendor master ( MK02), in the account Control details assign Customer (which would have created) for that Vendor. In this way Vendor will become a customer.

Hope this will help you.

Regards,

Rakesh Pradhan