Vendor Creation Query

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  • April 9, 2019 at 3:22 pm #22646
    ProcurementLearner
    Participant

    # In case of a Vendor Creation, is it good to put INCO Term & Payment Term at the time of vendor creation or we should leave it and put it at the time of PO creation (considering the vendor creation fields are not editable after vendor creation just in case we do wish to modify INCO Term & Payment Term after some years? Please confirm.

    August 11, 2019 at 2:45 pm #22800
    ayush
    Participant

    Hi,

    If you have made a contract with the vendor then it is good to enter incoterms and payment terms while creating vendor. In case you’ve not mentioned it while creating vendor you can do it later there is no harm. Also these fields can be edited later on using Xk02 in purchasing data tab.

    Thanks
    Ayush Bhardwaj

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