on 02-11-2009 8:54 AM
Hi All,
I am trying to do the consignment cycle
I created a Consignment PO, did a goods receipt in MIGO for which no accounting documents got generated....so I think i am on the right track!
I knw that before I do the MRKO, i need to do a stock issue -
However, I m stuck where I tried to do MB1A with Movement type 261K ....
Is this the correct transaction? I am a FICO person and am trying to get this consignment going but I m really stuck right now...
Any suggestions will be greatly appreciated.
Thank you
Rukshana
Hi Rukshana
Yes that should do the trick.
once you do 411 k movement then stocks would come in your company's stock and then settlement to the vendor can be done using MRKO
Regards
Vikrant
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Does anyone know the customizing path to define a print output from the MRKO transaction?
thanks, Kevin
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Hi,
The relationship getting tracked during the transaction is not to the consignment PO, but to the vendor who has supplied the consignement stock.
during MB1A with any movement type along with "K" will activate the vendor code as a mandatory entry field,
Trust this clarifies your query, Pl check
Regards
Merwyn
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Hello,
If you are trying to issue against a cost center then use transaction MB1A and use mvt type 201k.
In case of 261K, you need to have Production order against which you can issue.
So if you are already having production order then you can use 261k in MB1A.
Please let me know if you have further concerns.
Thanks,
Ganesh
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Hi Vikrant/Ganesh
Since I have already done the MIGO using movement type 101 which had no accounting implications;
I just do an MB1B with movement type 411k and that should do the trick
After which I would go to MRKO and run the settlement..
Is that correct??
Thank you very much for the support
Rukshana
Hi Rukshana
You cannot issue to a PO FOR Consignment stock issue
use the Movement type 201 for goods issue with special indicator K
Since u have already done the GR ( must have used mvt type 411k, Transfer posting consignment to own), you can now do the Goods issue
Regards
Vikrant
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Hi Ruksana,
you are right.... when u receive the consignment goods with reference to PO... no accounting document will hit...
Once you receive to your own stock from consignment or issue to costcent from consignment accounting document will get generated...then u can settle the consignment liabality through MRKO transaction.
follow the steps if you have missing anything.
MM01 u2013 Create Material
XK01 u2013 Create Vendor
ME11 u2013 Info category should be Consignment. Tax code should be given
ME21N u2013 Item category should be Consignment
( Not possible to determine the price & no condition for Item level)
MIGO u2013 Mvt type 101-K
Not valuated so Accounting document will not be available.
MB1B u2013 transfer posting.
Mvt type u2013 411K u2013 Vendor consignment to own
Accounting ( FI) document
KON u2013 A/c Payable
BSX u2013 Inventory
MB1A u2013 Stock issue
Mvt type 201K u2013 Vendor consignment to cost center
Accounting ( FI) document
KON u2013 A/c Payable
GBB u2013 Inventory
MRKO
Select the line item and go to messages ---> Execute ---> Print view/process.
Accounting (FI) document
KBS u2013 Vendor
KBS u2013 Account payable(+)
VST u2013 Input tax(+)
REgards
anand
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Hi Anand
Wow! thank you very much for the elaborate explanation -
but am still a little confused
How can I do a goods issue with relationship to the PO I have already created???
Cos When i do MB1a and MB1b - i do get accountin/material documents - however, I see no relationship to the Consignment PO i have already created....
Is this not possible at all
Thank you once again
Rukshana
Hi Rukshana,
There is no link of Consignment Po for Goods issue..
I will explain you: When ever u receive consignment stock in ur ware house, that time there wont be any libaility to company.
The stock will be only physically present at your ware house.
Now the movement u do Goods issue by MB1A Mvt 201K, that time straight away you will post the material to consumption account which means...
Accounting entries will be
Consumption +
Cons payables -
Now if you want to do Transfer posting directly from consignment stock: Use tocde 411 k...Now stock will transfer from consignment store to your own store.
Now liability for the transfered qty will lie to your company.
Acc entries:
Stock +
Cons payables -
Hope it clears..
revert back if any doubt.
Uts
Award if helpfull
Edited by: utsa agr on Feb 11, 2009 4:44 AM
Hi,
You have to do Goods issue to cost center that is Tcode MIGO, Mvt type 201 K.
Or
You can do Transfer posting i.e. Tcode MIGO, Mvt 411 K.
Or
Use Tcode MB1A, use mvt type 201 k..
Hope it helps.
Uts
Award if helfull
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Hi,
Yes you may use MB1A
201 K in case issues are against a cost center
261 K in case of Order
221 K in case of Projects
231 K in case of issues against sale order
Regards
Merwyn
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