Hi ,
Third Party Process.
In sales processing using third-party (with shipping notification), your company does not deliver the items requested by a customer. Instead, you pass the order along to a third-party vendor who then ships the goods directly to the customer and bills you. The standard sales order automatically creates a purchase requisition for the materials to be delivered by the third-party vendor.
In this scenario, the vendor sends a shipping notification. After that a statistical goods receipt is posted. The incoming invoice from the vendor updates the billing quantity, so that the customer-billing document can only be created after entering the invoice from the vendor.
This scenario consists of the following steps:
A Third-Party Sales Order is created and a purchase requisition is generated automatically
A list of purchase requisitions to be assigned is displayed
The assigned purchase requisitions are converted into purchase orders
The purchase orders are approved
A statistical goods receipt is posted
The vendor invoice is verified and posted
The billing is created
Key Points
Reduce stock and costs, increase efficiency
Handover of customer requirements directly to external supplier
Invoice from trader to customer based on quantities from supplier invoice
Fulfillment of customer requirements despite material shortage
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Normal Sales Process
This scenario describes the entire process sequence for a standard sales process (sale from stock) with a customer. The business process encompasses all steps from creating an order to clearing a customer account after payment is received.
The process starts with the creation of a customer's standard sales order. Depending on the customer and the material, various special events take place during the order entry, such as customer/material pricing, insertion of applicable discounts, checking the availability of the materials, and checking the customer's credit history.
It is checked whether enough material exists in the required storage location. If this is not the case, a stock movement takes place. Then the picking slips are generated to the warehouse clerks to stage the product for shipment to the customer.
Once picked, the physically shipped quantity has to be registered in the system to ensure that there are no differences between the sales order and the delivery document. Possible discrepancies may also be documented to ensure correct postings.
After picking, the warehouse clerk systematically relieves the inventory. This means the physical quantity that is actually being shipped to the customer is recorded. Eventually, the costs of the sold goods are recorded.
Once the inventory has been relieved, the delivery can be invoiced and the revenue together with the cost of goods sold is recorded in management accounting. This step signifies the end of the business transaction in Sales and Distribution.
This scenario consists of the following steps:
A sales order is entered
A delivery is created
The goods issue is posted
The billing is created
Key Points
When an order is entered, an availability check is performed and a shipping point is determined automatically
A billing document is created and postings to FI and CO are made
Hope this will understand you better
Regards,
Seegal
Edited by: Raga on Mar 23, 2010 1:44 PM
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