Hi
Consignment stock is special kind of stock .The stock is lying at your storage location but the responsibility vendor .Consignment stocks are not valuated. When the material is withdrawn it is valuated at the price of the respective vendor.
Vendor liability will arise at the moment when you are withdrawing the stock or transfer the stock to your own stock.
Info records with info category Consignment are created before creating the PO (you must maintain the consignment price for the vendor in an info record).The price is required for material valuation and accounting purposes.
Steps:
1.Assign Standard purchase org.to plant in Enterprise assignments (IMG)
2. Consignment Info record Activate in IMG material's management..
2. Create Info record for the material & vendor with info category consignment and maintain the price which will be used for the valuation and accounting entries.
2.You enter purchase requisitions for consignment materials in exactly the same way as for other materials.( item category K).
3.Creat Purchase Orders / Outline Agreements for Consignment Materials in the similar way (item category K).
4.Goods reciept with 101 as its item Cat K it will not create the AC doc.
5. you can transfer stock to your storage location or goods issue for the consumption whatever may the case with movement 411
6.Consignment materials are settled through MRKO... and payment will run in FI.
Regards,
Ninad Kshirsagar
Bluesky
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.