Consignment Stock

[Former Member]

Hi gurus,

If there are a consignment stock.So this stock is owned by the vendor.

as per the procedure now you will do the 411 K or directly consumption with mvt.+ special stock indicator as 201 K etc.

If we can use directly consignment stock for consumption (i.e. 201 K etc.), then what's the need to take that stock to own stock (i.e. 411 K).

[csaba_szommer · Accepted solution]

You can use both scenarios w/o any problem, don't worry.

In case of 201K you directly consume the stock (in the system!) from vendor's consignment in case of 411K + 201 you will post it to your own stock and book consumption later. This is the difference between them.

You should choose the option which is best from your your physical process point of view.

E.g. if you want to have information where the stock is which was taken from vendor consignment, you can use 411K. If you don't want this information, if you don't want booking in two step, you can use 201K.

201K, 261K, 601K movements are used in connection with stock determination.

E.g. in certain production related scnarios goods issue (261, 261K) is posted to move components to production area. This does not mean that the components are consumed at that very moment, it jsut means that components are issued from warehouse. Using stock determination system determines based on your setttings whether goods should be issued from your own stock or from vendor consignment (and determines the movement type - 261, 261K - accordingly). In this scenario 411K + 201 is totally unnecessary.

[Former Member]

Hi

First things is that Consignment stock is NON valuated. Stock belongs to vendor we cannot issue directly for consumption because there is agreeemnt between vendor and company thats why we have to transfer it to company s own stock and

than issue for consumption

Regards

avinash

[murugan_mgl]

Hi,

[http://help.sap.com/saphelp_46c/helpdata/ru/59/6dec6eb435d1118b3f0060b03ca329/content.htm]

For this u can go thro notes sap notes

365570

IN spro-IM-Stk determination strategy u can define which stock to be picked.Then u have assign the stsrategy in MMR -MRP 2 view.Then define the control cycle.When consuming this stock u have just enter 201 k 0r 261 k as per your requirement.

[Former Member]

Hi There

it is a valid question,,

Withdrawing ways will differ based on the usage,,

201 K- If you want to transfer the material from your Consignment stock to Direct consumption to Cost center

411 K- You can transfer the material from Consignment to own stock,

1.Materail is reserved for production order, so u have to get in to your stock and issue to production order.

2.STO scenarios- Plant B required this material from Plant A, in this case you have to take into your own stock and send it, (May be plant A has the better Price from Vendor than Plant B)

Here i provided only few scenarios, it may be many,,,Hope it helps

Thanks

Senthil

[former_member218071]

Hi,

There are two accounting angles for using consignment stock -

1. Issue from Consignment with 201K

Accounting entries will be Consignment Liability Cr & Consumption Dr

2. Transfer to own stock 411 K and then consume with 201

411K - Stock Dr & Consignment Liabaility Cr

201 - Stock Cr & Consumption Dr

In 1st case, from accounting point of view, ur consumption will be more as your stock account is not coming into picture. They will say you are consuming without purchasing and will not allow as there Ledgers will show somw wrong picture.

So, you have to first do 411K and then 201 for consumption booking.

You can consult this with FI person. My client is following 2nd case.

Process experts, please share your views.

Regards,

Rakesh

[Former Member]

Hi,

In both cases you can settle the liabilities.

But you do 411K when the storage location where the consignment stock is kept and the storage location where the issue is done are different.

This also facilitates planning with a reservation for the receiving storage location

Regards,

Antony

[saurav_sarkar3]

You need to run 411K posting to take into own stock before you can use it. Otherwise you will not be able to settle costs with your vendor using MRRL.

[Former Member]

then when the posting like 201K have done.

I mean whats the scenario in which 411K then 201 is used, and in which scenario 201K is used.