Create Vendor Master Data in SAP
The tutorial guides how to create vendor master data in SAP. Creation of SAP Vendor Master data for material suppliers and services is documented in the SAP MM module.
SAP R/3 path :- Accounting > Financial Accounting > Accounts Payable >Master records > Maintain centrally > XK01 – Create
Transaction Code:- XK01 – Create
XK02 – Change
XK03 – Display
Step 1:- Enter T Code XK01 in the SAP command field and press enter from the keyboard
Create Vendor: Initial Screen
Step 2:- Update the following fields and press enter.
1. Company code:- Company Code identifying a separate legal entity for which a separate set of accounts is maintained for the purpose of external reporting. Update the company code for which company you are going to create vendor code
2. Purchasing Organisation:- Organizational unit within Logistics, subdividing an enterprise according to the requirements of Purchasing. Update the Purchasing organization code
3. Account group:- Code used to determine the classification of the vendor account groups
Step 3:- Create Vendor: Address Screen
Update the Vendor Address in detail and press enter
Step 4:– Next screen update vendor control information and press enter
Step 5:- In the next screen, update bank details of the vendor
Step 6:- Create Vendor: Accounting information Accounting
Recon. Account:– Vendor Reconciliation account is the G/L account for a group of vendors in the SAP FI-AP module. Enter Sundry creditors GL account in reconciliation account filed. The account must be defined as a reconciliation account for vendors.
Step 7:– Click on the Save icon to save configured vendor master record.
