Consignment settlement

[#1]

Dear all

Normally, we do settlement thru MRKO for payment for consignment goods. Can we go thru LIV way to pay to the vendor for consignment?

Thanks in advance

[Former Member]

hi,

Consignment and pipeline settlement is not connected to the purchasing information system, because the purchase order history is not updated during consignment settlements.

So, You cannot make any net postings during consignment settlement.

You do not expect an invoice from the vendor for goods withdrawals from consignment stocks or a pipeline. Instead you settle posted withdrawals and return deliveries yourself and send the vendor a statement of the settlement. You can perform this settlement periodically in the background. The following documents can be involved:

1. Invoices

2. Credit memos

Hope its clear...

Regards

Priyanka.P