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Accounting and CIN entries in Consignment Process

Former Member
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Dear Gurus,

Can you please help me getting the accounting and CIN posting details in Consignment Process for 4 functions.

I have gone through the link and i could not able to fine the details.

http://www.scribd.com/doc/4931036/Sap-Accounting-Entries

Kindly help me.

Regards,

SK

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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it resolved

Former Member
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Hi Mastan,

I know your doubts have been cleared ..still for the benefit of others ...can you provide details of Excise incase of Consignment process!!

Regards,

MAYANK

Lakshmipathi
Active Contributor
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During Consignment fillup process, you wont get any accounting document as you are just moving physically the goods from one storage location to another place within the same company code.

Only during consignment issue, following accounting entries will be generated

Once PGId

Cost of Goods Sold:::::::Credit

FG consumption:::::::::::Debit

Once Commercial Invoice generated

Customer:::::::::Debit

Sales:::::::::::::::Credit

Similarly, in case of returns from warehouse also, there wont be any accounting impact but in case of customer returns, the above would become vice versa.

thanks

G. Lakshmipathi

Former Member
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Dear Lakshmipathy,

Thanks for your response. Accounting entries are ok.

If the materials are excisable and when you are doing consignment fill up we need to create proforma invoice using JEX billing type with ref to Delivery.

After that we need to create excise invoice with ref to proforma invoice.

Can you please provide me the entries in CIN?

Regads,

SK

Lakshmipathi
Active Contributor
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Assuming that you are asking in export scenario, since excise duty is exempted, the respective condition types should be maintained as statistical in pricing procedure.

thanks

G. Lakshmipathi

Former Member
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Dear Lakshmipathy,

Thanks for your response. This is not in Export scenario.

Its domestic scenario. In consignment fill up we will create excise invoice with reference to proforma invoice. what are the registers will be updated? and is there an entries for excise details?

Regards,

SK

Former Member
0 Kudos

Dear Lakshmipathy,

Can you please help the CIN entry details and registers updation for the following functions.

1. Consignment Fill-UP

2.Consignment Issue

3.Consignment Pick up

4.Consignment Returns.

Regards,

SK