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What is the difference between cancellation and reversal?
Canellation means total purchase item or a part of it can be cancelled when we feel it is not required and material has not yet been received by the company.
Reversal means Purchase Return when the material has reached your company and you want to return it back due to some reason then you can go for reversal.
While doing migo, we can use cancellation and as well as reversal, what is the diference between the two?
The reversal method for both Cancellation and Reversal are the same although the meaning are different.
Movement Type102 in MIGO will reverse the Goods Receipt for PO and the same will happen for Cancellation also......
Movement Type 122, is for Return delivery to Vendor and this won't come under Reversal or Cancellation concept...
In SAP MM, 102 is the reversal mvt. type of 101. Every mvt. type has its reversal counterpart. The are many reasons to
make a reversal of any mvt. type (mostly human mistakes).
Movement Type 161 is used when you make a returns purchase order to a vendor. This is a purchase order with the "returns"
flag marked. By the way, 161 has it reversal mvt. type in 162.
Related Topics:
Setting Cross-company transaction
Inventory Beginning Balances
Variances between material and account of stock when you use MB5L
Planned Delivery Time as Workdays
Physical Inventory Item Class
Physical Inventory Process
What is A, B, C and D Indicator for a material for cyclic count?
Valuation Category
MBST: Reversal of cleared items in FI
Difference Between Cancellation and Reversal
Automate the opening of MM periods
Allow/Disallowed Backposting of Inventory Posting
Movement Error - Posting Only Possible Between
Re-Open The Previous Period
Process Of Imported Material With Excise
Difference for Stock Transfer and Transfer Posting
Creating The Stock Transfer Order
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