Accounts generated in subcontracting ans consignment

[Former Member]

Hi,

What are the accounts generated in Subcontracting and Consignment procurement processes?

Thanks

NDS

[pankaj_singh9]

Hi,

Subcontracting: -

During GR (MIGO);

(BSX) Stock A/c of Assembly - Dr
(BSV) Change in Subcon Stock - Cr
(FRL) Subcontracting Charges - Dr
(WRX) GR/IR Clearing A/c - Cr
(BSX) Stock A/c of Components - Cr
(GBB-VBO) Consumption A/c of Components - Dr

During LIV (MIRO);

Vendor Account - Cr
GR/IR Clearing A/c - Dr

Consignment: -

During Transfer Posting (MB1B or MIGO);

(BSX) Stock A/c - Dr
(KON) Consignment Liabilities - Cr

During Consignment Settlement MRKO;

Vendor Account - Cr
Consignment Liabilities - Dr