Vendor Master Data

Vendor Master Data

Vendor Master 

This is the enterprise main source of vendor specific data. This data will include information on vendors from which a company can procure or it can sell. Vendor Master Record will contain necessary information of vendors like vendor's name, address, bank account details, etc.

Vendor Account Groups      

Vendors are categorized according to requirements and some of the vendors having similar characteristics are grouped together and placed in one category.

 For Example: import vendors, domestic vendor, etc.

    General Data:  It maintained at Client level, Valid for all Organization Levels.

    Purchasing Data: It maintained at Purchasing Organization level.

    Accounting Data: It maintained at Company level, Valid for all Plants belonging to that Company.

Types of Vendors

1.    Internal Vendor:  Supplying by another Plant / Company Code under the same Client.

2.     External Vendor:   A company who supplies the materials from outside.

3.     One time Vendor:  Supply materials only once.

4.     Regular Vendor:  Supplies the materials at Client level.

Vendor Creation

Vendor can be created at Purchasing Department level and Accounting Department level or at Central level.

    At Purchasing Department Level - MK01

    At Accounting Department Level – FK01

    At Central Level                            - XK01