Difference between XK01,FK01 and MK01 (Create vendor)

 Difference between XK01,FK01 and MK01 (Create vendor):

#             TCODE  Description         Functional Area

1              MK01    Create vendor (Purchasing)         LO - Vendor Master

2              XK01      Create Vendor (Centrally)            FI - Basic Functions

3              FK01      Create Vendor (Accounting)        LO - Vendor Master

 

4              MK02    Change vendor (Purchasing)       LO - Vendor Master

5              XK02      Change vendor (centrally)            FI - Basic Functions

6              FK02      Change vendor (Accounting)       LO - Vendor Master

 

7              MK03    Display vendor (Purchasing)        LO - Vendor Mast

8              XK03      Display vendor (centrally)             FI - Basic Functions

9              FK03      Display vendor (Accounting)       LO - Vendor Master

>> MK01 You can create vendor master for Purchasing group i.e In MK01 you are creating vendor at purchase organization level means you cannot create company code specific data in this.

>>XK01 is used if u want to create vendor master at company code level

it means if u have created a vendor master using xk01 then the information stored in it like terms of payment or the partner role remains valid for all the plants irrespective of place of plant like I can have plants in Delhi, Mumbai and for both the plant i need different payment terms or differently partner role

>>XK01 is vendor code created centrally, means the same code can be used for all the modules, and all view are extended here in XK01 u r opening the same in both company and purchase organization level

>>In MK01, it is only purchasing.

it will open the vendor code for only purchasing organization and not in company code. Here only purchase view is created and not accounting.

>>FK01 is another way to open vendor code only at company code level and not in purchase organization level.