consignment

[Former Member]

Hi All,

In consignment process when GR MIGO/101 Account document not triggered why? And when we do MBIA/201K or MB1B/411K account document triggered?

Regards

Charan.T

[BijayKumarBarik · Accepted solution]

Hi,

Consignment process involves of placing a thing in the hand of another, but retaining the ownership until the goods are sold or used.In vendor consignment process, material stock is supplied by vendor( supplier) & just placed at your company premises, It remains the property of the supplier until  it is actually used or consumed and should not be included in the value of the stock till it consumed.

Consignment process, material stock is received from vendor( supplier) in t.code:MIGO resulting no accounting entries but your can either Consume Consignment Stock with t.code MB1A with movement type 201 K OR Transfer Consignment Stock to Own Stock with t.code MB1B with movement type 411 K

For more refer threads:

http://scn.sap.com/thread/3165864

http://scn.sap.com/thread/1698138

Regards,

Biju K

[Former Member]

Hi Charan,

In consignment process, vendor is liable for payment only when the consignment stock inwarded & stocked at your store location is consumed or transferred to other store.

For better understanding pls refer below link

http://help.sap.com/erp2005_ehp_05/helpdata/en/4d/2b8f4c43ad11d189410000e829fbbd/content.htm?framese...

Hope this helps you.

Regards,

Mohsin

[Former Member]

Hi Vijay and Mohsin,

Thanks for your quick response. Yes the stock still belongs to vendor but stock is at company premises. Hence accounting doc’ not triggered, but when we do normal MIGO/101 accounting doc’ triggered but why for consignment MIGO/101K... Is there any master data or transactional data involved internally can you elaborate brief.

Regards

Charan

[Former Member]

Hi,

When you do the GR for consignment P.O, the system does not valuate the consignment stock since it still belongs to vendor and that is the reason there won't be any accounting enrties ( i mean no account document will be generated).

201k and 411k are used to remove the stock from vendor account, there will be a liability towards the consignment vendor and that is the reason accounting documents are created in this case.

Regards

Vijay