Vendor consignment price change

[ericsj]

We have maintain vendor consignment info record for a material at $10/pc, we have 100 pcs vendor consignment stock.

Over the month we have transfered total 90 pcs to our own warehouse/plant to use it, so the sytem capture $10/pc from the info record.

However at month end we realise that the price should be $12/pc is not $10/pc.

We are about to run the consignment settlement tcode MRKO, How to handle this price variance and capture this extra $2/pc payable to the consignment vendor ??

[Former Member]

... You can reverse the operations Last come first basis and then change the material cost through MR21.Then do the postings.

.... Raise a credit Memo to materialize the value $2 *on the quantity you received.

[Former Member]

Hi

In info record give the new price with validity period from which the price changed. Then run MRKO. The system will pick the new price for the issues done in that validity period.

Regards

Antony

[ericsj]

Hi,

I have try to change the info record price to new price, and run MRKO, MRKO still show the old price.!!

please explain further.?

[Former Member]

Best way would be to cancel the mat doc generated in mbst transaction and then change the price and run the MRKO. oer else do credit memo to adjust the 2$.

[Former Member]

Hi

In Info record go to conditions and select your gross price condition and click on validity periods. Say example you give valitity period from 01.01.2010 is $12USD and earlier was 10USD. Then if the issue is after 01.01.2010 then system will pick 12 usd where us issues before 01.01.2010 will have price 10usd.

Regards

Antony

[ericsj]

still can't get what you mean on this,

We issue on 05.01.2010 at $10/pcs, today is 27.01.2010, we reliase that the price should be $12, not $10.

we change the info record to $12/pc and validity is 01.01.2010 to 31.06.2010.

What we want to do is MRKO (settlement) to take the new price $12 for the goods issue on 05.01.2010??