VENDOR CONSIGNMENT SETTLEMENT-- Please advice

[Former Member]

Hello Gurus,

Can any one throw some deep light on VENdor consignment settlements

We have foriegn vendors and now we have to settle invoices sent from vendors i know we normally do it through MRKO

BUT what am gonna be needing from you experts is

1)Reports that show vendor consignment stock ...?

2)VENdor consignment value ..?

3)ALL the work around for vendor consignment settlement and config settings

Path and T_codes

WILL ASSIGN FULL POINTS

Thanks & regards

Justin

[Former Member · Accepted solution]

Hi

use <b>MB54</b> for - Consignment Stocks it will give u stock and value of that stock

consignment settings

1) Maintain the Master Data : Consignment Info record with price :

Material /Vendor. the material type should be inventory managed.

2) Create a PO with Item Category K with price as zero.

3) Goods recieved is stored in the consignment Stores , this material is available and Non Valuated Movement Type : 101.

4) Goods are transferred to our stocks using 411K upon transferring we r liable to vendor.

5) Consignment materials are settled periodically .Transacstion . MKKO.

Vishal...

[Former Member]

Hi

check following links for more details.

http://help.sap.com/saphelp_47x200/helpdata/en/33/222138c2ebcc46e10000009b38f842/frameset.htm

https://warranty.rotax.com/sap/its/mimes/system/99/en/info/docu_general.html

vishal...

[Former Member]

Hello Vishal,

Thank you for the valuable answers i gave 10 for first answer and 6 points for second

can you please elaborate on the third point if you have some time

3) Goods recieved is stored in the consignment Stores , this material is available and Non Valuated Movement Type 101 ??????

Please thank you very much apart from that my questions were answered

J

[Former Member]

Hi Justin,

U r correct , the consignment material will not be valuatedd when we do the GR using 101 mvt type and it will still remains to be the property of the vendor but stored in our premises.

Once to transfer the consignment stock to our own stock using 411 or u make any stock transfer it will get valuated.

Hope it wud have answered ur question

Reward if useful

Aasif

[Former Member]

Hi Justin

When u receive consignment material it is directly posted to consignment stock.which is <b>not valuated for inventory like stock materials</b>

It will be taken it to inventory only when u remove stock from consignment

consignment stock is vendors liabilty

if still have any doubts pls feel free to revert

Vishal..

[Former Member]

Hello vishal ,

No thats it thank you for your valuable inputs

can you take a look at my ther questions sir

I awarded you max points

You need any thing let me know

i will try my best to be of any help for ya

J

[Former Member]

Hello aasif ,

awarded points to you too ...

thank you for stopping by ,,lol

j