when the client uses the consignment material. what process we have to do to settle down the things .plz explain me in detail.
the settlement will be done thru MRKO, whether u must "check" the box for consignment.and u need to select the "settle" radio button and then execute.
More details from SAP has been atttached below
Removing material from consignment stores or transferring material to your companys own stock results in liabilities towards the vendor. You should settle these liabilities at regular intervals.
Consignment materials are settled without the vendor issuing an invoice, as the vendor company is unable to track withdrawals directly. The vendor can only manage its consignment stock by taking deliveries and payments into account.