MM Module Process in SAP Lecture 3 : what is GRN : what is vendor invoice : movement type 103 & 105
MM Module Process in SAP –
1. Purchase requisition
2. Purchase order
3. Vendor invoice
4. 4.GRN in SAP
5. Quality Release Stock
3. Vendor Invoice Means :-
A vendor invoice is a document listing the amounts owed to a supplier by the recipient.
When a customer orders goods and services on credit, the supplier prepares an invoice and issues it to the customer.
4. GRN in SAP :-
When you Place a Purchase order to a vendor to supply the materials/goods.
Then the stock is updated with this new Qty of materials received in the Go-down/ storage location.
He will supply them with a document which is called Goods receipt Note (GRN).
Two Steps :-
i) Movement Type 103 :-
Goods receipt for purchase order into GR blocked stock. You cannot receive goods into goods receipt blocked stock for stock transport orders.
ii) Movement Type 105 :-
Goods receipt to put GR blocked stock into sap.
Accounting documents are generated.