hi MIGO is a tcode GR/IR(goods received/invoice raised) vendor sends good

what is MIGO? where we can use? what is the use of that?..

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Answer Posted / haps

hi
MIGO is a tcode GR/IR(goods received/invoice raised)
vendor sends goods the company with goods receipt
and varification of goods is done with goods receipt.
payment is done based on physical inventory verification
the entries are
on material receipt: inventory a/c Dr
to GR/IR
on material acceptence: GR/IR a/c Dr
to vendor

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