hi,
CONSIGNMENT STOCK PROCESSING:
Consignment goods are goods which are stored at the customer’s location but which are owned by the company. Invoice is raised only after the customer consumes or sells. Use trans code MB58 to know consignment at particular customer.
Since consignment stocks still form part of your valued stock, you must manage this stock in your system, as special stock, separately from the rest of the stock and manage separately for each customer, to keep track of returnable packaging stock by customer.
If the consignment stocks are not managed by the sold to party but by a central office, you can use the partner function for special stock partner.
If you want to process your consignment goods using a special stock partner, proceed as follows:
• Create a CMD for special stock partner using the same account group as if you were creating a sold to party. (Account groups 0001 & DEBI are defined for this purpose).
• Enter the special stock partner in the relevant CMD on the partner screen using the partner function SB.
Process Flow:
Doc Type Item Category Sch Line Category Move Type
Consignment Fill Up CF KBN E1 631 Not relevant for Billing & Pricing
Consignment Issue CI KEN C1 633 Relevant for Billing & Pricing
Consignment Return CR KRN D0 634 Relevant for del related billing & pricing
Consignment Pick Up CP KAN F1 632 Not relevant for Billing & Pricing
Consignment Fill up: is used to supplement customer’s consignment stock. Goods issue of appropriate stock is posted from the unrestricted use stock to consignment stock. The total valuated stock for the plant remains the same.
The transaction is not relevant for pricing since the consignment stock remains the property of your company.
Due to customer not being billed for any of these items, no invoice is relevant.
VA01, VL01N, LT03, VL02N & No Invoice.
Consignment Issue: enables the customer to take consignment goods from the special stock for their use or to sell. You record the transaction in your system by creating consignment issue order. As a result, the relevant quantity is deducted from both the customer’s special stock & your own total valuated stock. The transaction is relevant for billing since the goods now become the property of the customer. KEN has schedule lines & should determine the cost of the item.
• VA01, VL01N, VF01.
Consignment Return: is a sale process flow that represents faulty materials or the product consumed or sold by the consignee. The consignee puts the stock back in to his consignment stock as faulty & requests a credit note for returns. The return should have a different no range for the visibility of returned items. The return doc type should also promote a special shipping condition that causes a special shipping point to be used in shipping point determination, which can be used to process all return deliveries.
• The stock is moved back into the customer’s consignment stock, not our plant. The customer will call us to pick up.
• VA01, VL01N, Credit Memo or Free of Charge Subsequent Delivery.
Consignment Pick Up: picking of faulty materials as well as excess materials not yet consumed by the customer. As the stock is coming back into the warehouse or plant, you will want a specific return shipping point. No invoice is necessary, as the goods are not changing ownership.
VA01, VL01N, VL02N, VL09.
regards
sadhu kishore
Bluesky
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