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Billing process in consignment

Former Member
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Hi,

I have question with billing invoice.

There is plant 1000 which sends consignment stock to distributo "x" and who sells the stock to end customer.

my doubt is ... in the consignment issue sales order...what do we have to enter in the SHIP TO an SOLD TO field... the end customer or the distributor where our consignment stock is.

Also, do we have to invoice the end customer or the customer where our consignment stock sits

Sruthi

Accepted Solutions (0)

Answers (4)

Answers (4)

Former Member
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hi SRUTI,

We have to enter the sold to party and ship to party as our distributor.

and we have to invoice in the name of disributor only.

rewards welcome.

cheers

Former Member
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Thanks a lot for all your replies.

Assigned the points.

Sruthi

former_member184555
Active Contributor
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Hi

In the consignment issue, both SP and SH can be the same, since the stock is already sold and you need not ship the material to the SH. In normal order we enter the SH for shipping details/purpose.

The invoice is created for SP(payer partner function) only. In normal scenario also we can create invoice only for Payer partner function and not SH.

Thanks,

Ravi

Lakshmipathi
Active Contributor
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Dear sruthi

Both in Consignment fill and Consignment issue, you are not changing the sold to party or ship to party. Sold to party is your end customer and ship to party is your distributor and you have to maintain these two in both the orders.

When you do consignment fillup delivery, the stock from unrestricted will be moved to "Cust.consignment". Referencing this fillup delivery, you create F8 Proforma Invoice. Till this stage, the stock will be yours.

Once you do issue delivery in reference to your consignment issue (KE) order, the stock from "Cust.consignment" will be reduced and if you see the accounting document once you generate commercial invoice, the flow would be, the end customer gets debited and COGS gets credited.

Still if you need any further clarification, most welcome.

thanks

G. Lakshmipathi

Former Member
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Hi,

the Distributor "X" sells the good to end customer

In the consignment issue u have to enter distributor as a sold to party and ship to party

There is no invoice for end customer the invoice in consignment issue only for distributor

sarvesh