ONE TIME VENDOR

one time vendor'. what is the benefit of create on 'ome time vendor'. please explain.

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One time vendor is used for occasional or rare purhasing from a particular vendor.

For example you are purchasing a particular material few times a year and you have more materials and many vendors ( > 50).

You no need to create all the vendors in the system, you can simply create one time vendor and it will serve the purpose of >50 VMR.

Whenever you use the one time vendor in applications like RFQ,PO,Contract, you must maintain the address manually

And during invoice verification you must input the bank details.

Hope it helps

Thanks/karthik

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One time vendor means a vendor from which normally we dont procure material frequently. May be once in a year or may be for the purpose of Quotation we can create one time vendor.

Creating one time vendor is the same process as creating regular vendor (XK01/FK01), the only difference will be Vendor Account Group. For one time vendor there will be saperate vendor account group so at the time of vendor create it will require minimum vendor information.

You need to maintain vendor address and other relevent accounting data at the time of PO and IR.

If you want to make one time vendor for regular vendor you can change the vendor account group and maintain the additional data as required for regular vendor.

Regards,
Nani.

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One Time Vendor is normal type of vendor but with different account group(account grp classifies vendor master).
The beauty of one time vendor is that you can create a vedor group(one time vendor code) and when you are using this vendor code in Purchase order and during Inv receipt,you can put the address of the vendor you desire.

This concept is usually used in repair scenario,where one is quite not sure to whom he is goinig to give the order.Eg If I want to repair an motor,It is very difficult to decide the source and here come the ONE TIME VENDOR.
When you create an order with one time vendor befor saving the purchase order system asks you address of the vendor to be maintained.

Hope it is usefull to you......

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the purpose is to avoid data redundancy as we use the account group of one time the vendor specifc fileds will become greyed out ,this is becuase we may occasionally buy from that vendor for those vendor we may not required to maintain a master data in taht case we will be storing large number of datas which we may occasinally use.

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here i am giving one example of business process , one telecom comapny is there and sold out some public booths , after some days they want to return the public booths to the telecom company, in this case the telecom company maintained one one-time vendor and will raise POs with different booth owners addresses and receive that booths and pay the amount,
in the above case vendor code is same for all POs and deliver to different places,

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One time Vendor is one which is used very rarely . It differs from the regular vendor in few cases:
1. Vendor account group changes
2.doesnt contain Vendor address and Bank details.

When there has to be many vendor master records created for one time use or very rare purpose , u will alwaz create this type of one time vendor where as u dont have to give all the Vendor related details. So u specially select the one time vendor account group and create this type of vendor.

Hope this helps u.

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one time vendors are useful to not blow up your vendor masterdata.

In a lot of companies masterdata maintaince is centralized and setting up a new vendor master cost money.

So if you legally need to put in an invoice on the vendor because of e.g. VAT requirements or you want to pay it by automatic payment but you are sure you never use the masterdata again, one-time (CPD) vendor are a good solution.

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