Third party

[Former Member]

Dear all,

What is the importance of MIGO and MIRO in Thirdparty billing.pls, let me know?

Thanks.

Aditya.

[Former Member · Accepted solution]

Dear all ,

What is the importance and use of Value updation,Quantity updation, pipe.mand and pipe.allowd in T.code OMS2?

Thanks.

Aditya.

[Former Member · Accepted solution]

Hi Friend,

Please let one thread to be on topic, so that we all can concetrate and share our knowledge on that.

And for discussion on all different updation in material type OMS2, please start anew another thread.

[Former Member · Accepted solution]

hi,

when we tick the quantity update check box at OMS2 for the plant + material type combination we can post stock into the plant. So incase there is an increas or decrease of plant stock it is updated. Now with respect to the quantity there is always a value to the materail which is maintained in the material master standard price. Based on the movement and valuation class this value hits the relevant GL accounts configured by the MM account determination done at OBYC. Pipeline material is something like water, electricity, gas etc.

regards

sadhu kishore

[Former Member]

Hi Aditya,

incase of a third party the material is sent directly from the vendor to customer. the company bills the customer based on the invoice the vendor makes on the company. The incoming invoice from vendor is handled by the transaction MIRO.

MIGO is not required to be done in third party as i already told, we dont take the stock into plant but its sent directly to the customer from vendor. But in some cases since clients request a MIGO a statistical MIGO is done. Otherwise if you do the incoming goods receipt the qty is updated for the plant which is not true.

regards

sadhu kishore

[Former Member]

Hi Friend,

01. MIGO-Goods Receipt Based on Shipping Notification

Use

You receive a shipping notification from your vendor informing you that the material has been shipped to the customer. In this example, to acknowledge the requirement of the order items to be processed we make an entry of dummy goods receipt. Goods receipt is not posted on stock, but into cost of goods sold directly.

Prerequisites

A purchase order to the vendor was entered for the third party.

The goods receipt for the purchase order was posted based on the shipping notification and accounted to the sales order and you received a message a material document was created. For inventory management and accounting, two documents were generated at the same time.

02. MIRO-Invoice Verification

Use

The Invoice Verification component is part of the Materials Management (MM) system. It provides the link between the Materials Management component and the Financial Accounting and Controlling components.

Invoice Verification does not handle the payment or the analysis of invoices. The information required for these processes is passed on.

Prerequisites

The dummy goods receipt has been processed.

The verification is checked and posted. The payment can now take place. You return to the initial screen. The system confirms the booking and displays the document number under which the invoice is stored.