Consignment Process steps

[Former Member]

Hi,

I want to know the detail process of consignment , starting from PO to vendor payment , this i want to congure in our system, can you explain or can i gt the links to do this all confugration setting as well as what are the transaction code for processing this.

regards,

zafar

[Former Member · Accepted solution]

Dear,

1) Create Consignment inforecord in tcode ME11.

2) Create PO with Item category as "K" in Tcode ME21N.

3) DO the GRN with MVT 101 + K in tcode MIGO.

4) Transfer consignment stock to your own stock in MVT 411 K in tcode MIGO.

5) Do the Vendor Settlement in Tcode MRKO.

6) Clear the payment in tcode F-53 .

Regards

Utsav

[Former Member · Accepted solution]

Hi,

Is it necesary to create the info record, as i have a standard material from one vendor if we are purchasing the material as standard and from other vendor we want to purchase the material as consignment,

Also can we purchase the materail from a vendor how is having excise registration.

regards,

zafar

[Former Member · Accepted solution]

Dear Zafar,

For consignment Cycle consignment Info record is very much required.

Create consignment Info record for only that material which you are procuring from consignment Vendor.

Now Proceed with my all above suggested steps.

You will get the result.

Regards

Utsav

[Former Member · Accepted solution]

Dear Utsav,

Thanks for reply,

I wantto confirm that, suppose our vendor is having excise registration and as as a excise vendor company cannot ship the material without invoice from there premises in such cases what can be done is there any other method for this or we cannot purchase the material as a consignment if vendor is excise register.

regards,

zafar

[Former Member · Accepted solution]

Dear Zafar,

In consignment process Invoice or Settlement with consignment vendor will be done only once you transfer or issue stock from consignment tstock to your own stock.

So coming to your point If at all you are generating invoice at the time of shipment , then as per my knowledge you can not proceed with consignment scenario.

Hope this helps.

regards

Utsav

[Former Member · Accepted solution]

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[Former Member · Accepted solution]

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[Steven2023 · Accepted solution]

Good