MRKO is using for consignement or pipe line settlement. If you are maintianing the vendor consignment then you need to run MRKO for invoice payment, otherwise no need.
you mean if we have consumed the consignment stock, then we need to run mrko? after run mrko, what will happen? in the reply, it says run mrko for invoice payment. what does it mean?
you mean if we have consumed the consignment stock, then we need to run mrko? after run mrko, what will happen? in the reply, it says run mrko for invoice payment. what does it mean?
A- hi
Mrko is used to do invoice for consignment and pipeline stocks which are special stocks.
Invoice verification is used to give payment orders for financial department for goods delivered by vendor. . Mrko is used to do invoice such special stocks ( consignment and pipeline ). once you execute mrko transaction and give details of purchase order and execute it then it is green for payment. It is another form of miro. Hope its clear
Consignment Material is stored at your company premises but belongs to a vendor. The vendor supplies these goods so that they are available to you at any time, but does not initially invoice you for the goods. Only when you have withdrawn stock does payment become due for the quantities used.
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. The following documents can be involved:
Invoices
Credit memos
Consignment settlement is connected to message determination. As a result, you can define a form in Customizing. A message record is created during each settlement. This message record completes the form. Depending on the system settings, you can send this form to the vendor immediately on posting or at a later time.
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