Hi Seshidar
Vendor Consignment:
Consignment is functionality in MM-PUR wherein you purchase materials from the vendor on a consignment-basis. When the delivery comes, the materials, though will be stored in your warehouse, are still legally owned by the vendor until they are consumed, i.e. GI posting (this is the only time you will be liable to the vendor).
Prerequisites:
1. Maintain account determination for KNO & AKO.
T-code: OBYC
IMG menu path: IMG-> Materials Management-> Valuation & account assignment-> Account determination-> Account determination without wizard->
Configure automatic postings.
This is the IMG setting to be done for Consignment process.
Consignment procedure:
1. Create Consignment info record(ME11)
2. Create a Consignment PO with item category K (ME21N)
3. Goods receipt with mvt.type 101 spcl stock indicator K will be automatically populated (MIGO)
4. Transfer posting to own stock with mvt.type 411 K(MB1B)
5. Consignment settlement ( MRKO)
Thanks
Sri..
Bluesky
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