Posted by
Sap Land
Sunday, 24 July 2011
15:35
Hi, We have implemented proper vendor consignment process in our company, 1) Set the material master as a consignment material, special procurement type = 10, 2) Create consignment info record, 3) Create a PO, this PO does not carry any price but all other fields are std. 4) Receive PO as normal, but due to item category (K) in PO, goods will be posted into Vendor Consignment Stock 5) Use goods as required. 6) We are only liable to pay for used goods 7) Create invoices for used goods using transaction MRKO 8) Run payments and pay based on terms. with regards Sateesh
| | | ---------------Original Message--------------- From: VFRMark Sent: Thursday, July 21, 2011 1:28 PM Subject: Free of charge Vendor Consignment stock Hi everyone, My situation is that our business has agreed with the vendor a monthly fixed price for a material no matter how many we use. We supply stock data to vendor weekly and the vendor deliveries stocks as we need, Vendor owns the stocks until such time as we use them. Hence finance is proposing a generic Framework PO for the monthly bill (no GRN match is needed) and I am thinking of Vendor Consignment stock for the Free of Charge weekly receipts from the vendor using 501 K movements (it seems logical as we do not own the stock till its used and then its FOC). But I cannot find a way to set up vendor consignment info record which allows free of charge deliveries and therefore does not generate any financial movements or postings or invoice liabilities (a 501k movement has a mandatory info record) Any help is appreciated Mark | | __.____._ Copyright © 2011 Toolbox.com and message author. Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251 | | Popular White Papers In the Spotlight _.____.__ |
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