1. Different between the movement type 161 & 121 122 Movement happens when material is partially rejected taken for production before invoice verification, you can directly do return delivery from MIGO. Whereas, 161 movement - Returns with reference to purchase order, it will happen after invoice verification when you are returning material to vendor. 122 - Movement type used for return delivery of goods referencing a Goods receipt material document You can return partial amount of goods to the vendor stating the reason for movement. The account postings are Debit - GR/IR account Credit - Inventory account
161 - Movement type used for returning the material to the vendor referencing a returns PO. The account postings are Debit - GR/IR account Credit - Inventory account
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1. Different between the movement type 161 & 121
ReplyDelete122 Movement happens when material is partially rejected taken for production before invoice verification, you can directly do return delivery from MIGO. Whereas,
161 movement - Returns with reference to purchase order, it will happen after invoice verification when you are returning material to vendor.
122 - Movement type used for return delivery of goods referencing a Goods receipt material document
You can return partial amount of goods to the vendor stating the reason for movement.
The account postings are
Debit - GR/IR account
Credit - Inventory account
161 - Movement type used for returning the material to the vendor referencing a returns PO.
The account postings are
Debit - GR/IR account
Credit - Inventory account
121 mvt type is for subsequent adjustment done during Subcontracting process
DeleteImportant Transaction Code
ReplyDeleteOX10 Define Plant
EC02 Copy Plant
OX18 Assign plant to company code
OVX6 Assign sales organization – distribution channel – plant
OX17 Assign purchasing organization to plant
OX09 Define Storage Location
SM30 Define storage conditions
OMJ7 Allocate Plant / Valuation Area / Division - Business area
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ReplyDelete