Unit 2 - Vendor master record Flashcards
What are the different categories -and subcategories- in the vendor master record? (XK03)
=> General Data
This data is valid for the whole client.
Address, Control, Payment transactions (bank info)
=> Company Code Data / Accounting Data
Accounting info, Payment transaction (payment terms), Correspondence, Withholding tax
=> Purchasing organization data
Purchasing data, Partner functions
List at least 5 fields maintained in the Purchasing org data in the vendor master
- Incoterm
- Order currency
- Evaluated Receipt Settlement (ERS) = automatic generation of invoices
- Order Acknowledgment Requirement
- Automatic Purchase order
What are the minimum masterdata required to order something to a vendor?
You must have previously maintained the purchasing data. A precondition for invoice
entry is the prior creation of the accounting data.
What does the account group determine?
=> The type of number assignment (internal or external) and the number area
from which the account number is to be assigned.
=> The field selection - which fields are ready for user input, which fields must be maintained, and which fields are hidden.
=> Which partner schemas are valid
=> The status - whether the vendor is a one-time vendor
What are One-time vendors? (CpD stands for Conto-pro-Diverse)
A CpD vendor master record is used in purchasing documents and invoices where no separate master record exists (or is to be created) for a vendor. This enables you
to work without a vendor-specific master record if a material or a service is to
be procured from a vendor only once.
What are the particularities of One time vendor account?
you can use a one-time-vendor master record for several vendors = collective master record.
No vendor-specific data such as an address or bank details are stored for
one-time vendors. This data is recorded in the relevant document only.
Upon entry, the system automatically invokes an additional data screen.
