Consignment Procurement

[Former Member]

Hii Gurus

Plz Explain the standard way of Consignment procurement in SAP .

Also explain pre-requisits of Consignment procurement in SAP like masters required ,material type used , material type in j1id special stock indicator , etc .

Regards ,

Chandan

Edited by: Chandan SAP1 on Dec 1, 2009 9:28 AM

[Former Member · Accepted solution]

Hi,

Consignment Stock means your Vendor stores there material in your company premises.When ever you want you can use it as per your requirement. Unless you consumed, It is regarded as non -valuated stock. PO can be created with item category K( ME21N)

The steps are:

1. Consigment info record(ME11),

2.Souce List(ME01)

3.PO with item category K( ME21N)

4.GR WRT to PO (stock will be shown as material provided by Vendor)

5.Consuption Posting (Creates Invoice automatically)

6.Invoice Verification in MRKO.

7.Payment to vendor(F-53)

The account entries in GR,GI and IR are as follow;

A.Goods Receipt:

No Accounting Documents

B.Goods Issues:

Consumption A/C: DR,

Consignment(Liability Account ) Payable: CR,

C.Consignment Settlement: - Transaction Code - MRKO

Consignment (Liability Account )Payable: DR,

Vendor Account A/C: CR

For Excise , maintain J1ID as normal, there is no special effetcs for consignment material in Excise , for better understanding discuss with the client's excise person.

[http://help.sap.com/saphelp_erp2005/helpdata/en/4d/2b8ec943ad11d189410000e829fbbd/frameset.htm]

[http://www.indiastudychannel.com/resources/91026-SAP-MM-Consignment.aspx]

Regards,

Vikas

[srinivas_k23]

This message was moderated.

[Former Member]

Hi,

The consignment procurement cycle is :

1. create a consignment pir in me11.

2. create a po with item category k.Since it is consignment po, the price field will always be suppressed.

3. make a goods receipt with mvt type 101k in migo

4.Transfer posting with movement type 411 k through mb1b

5. vendor settlement through MRKO.

you can also refer to this link:

Thanks

Nisha