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Vendor Account - Best Practices

former_member614444
Participant
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Dears,

What is the best practice shall we continue to use seperate account group for 1) Local Manufacturers, 2) Foreign Manufactures, 3) Local Vendors, 4) Foreign Vendors, or shall we use vendors account for manufacturers.

Pls note that we are not dealing directly with the manufacturers (only in 5% cases we are dealing with manufacturers). The manufacturers we are entering in Material Master data only.

Thanks,

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Answers (3)

Answers (3)

Former Member
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No its not required differernt A/C group for manufacturer and vendor, if the manufacturer is only to maintain in MM01.

Regards,

Manish

Former Member
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Hi,

The vendor account is used to differentiate the type of supplier like Domestic, Imported and also if you have different account group u can assign different number range.

Manufacturer u can maintain in material master, because it is not necessary that you are raising a PO always to Manufacturer. Some time supplier may be different.

If your all supplier are from India only, no need to configure the account group for foreign vendor and if the supplier are from abroad also then you can configure the domestic and import account group.

Former Member
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Hi,

Its always a best practice to keep seperate Vendor Account group for Domestic and Overseas supplier/vendor, so that you will have a seperate identification in number range,field status etc.

Regds

former_member614444
Participant
0 Kudos

Thank you Dear,

The question is should we maintain differernt A/C group for manufacturer and vendor? Manufacturer is required just to maintain in MM01. Thanks.