Answer / pratik pandey

MIGO is Goods Received is posted
Inventory a/c - - dr.(transaction key BSX in OBYC)
To GR/IR a/c (transaction key WRX in OBYC)

MIRO is Invoice Received
GR/IR a/c- - - dr.
To Vendor a/c

Answer / nilesh

MIGO & MIRO is a process which is a part of p2p cycle.
Activity Tcode Accountin entry TRansaction key A/C Entry
PR me51k NO
PO me21n NO
MIGO(Goods Receipt) migo YEs BSX WRX Ivnty DR to GR/IR CR
MIRO(Invoice receipt) miro Yes WRX GR/IR DR to Vendor CR
Payment to Vendor f-53 Yes Vendo A/c DR to BAnk CR

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