Professional Documents
Culture Documents
1.
2. Configure the special procurement type 10. This is done in IMG Node:
3. Assign the special procurement type in the material master. The Master Data transaction code for the same
is MM02. This is done in MRP2 view of the material master
4. Create a purchasing info record (PIR) of the category, Consignment. This is done using the transaction code
ME11.
5. Maintain the automatic account assignment for material posting. The below transaction need to be
maintained in the configuration transaction code OBYC
a. Consignment Payables : KON
b. Expense/Revenue from Consignment Material Consumption : AKO
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1. 1. Procurement - A standard purchase order is created with item category as K using the transaction code
ME21N. There is no price which is applicable for a consignment purchase order and hence should not be
entered at the time of creation of purchase order.
The goods receipt is done using the standard transaction code MIGO. The stock is posted as
consignment stock without value. The same would reflect as a special stock for the vendor. Since
the material lies in the purchasers premises, the same would be reflected in terms of quantity at
a storage location as well till the time the same is consumed for use. The same can be checked in
the standard stock reports in transaction code like MMBE. There is no accounting document which
is created when the GRN is done in case of a consumption purchase order.
1. 2. Consumption Consumption of consignment material happens when goods issue is done with item
category K. The price at which the goods issue will be done will be picked from the purchasing info record
which has been created for consignment for the material and vendor combination. In this particular case, to
elaborate the process a production order was created and a goods issue was done with the item category K
against the production order. Generally the consignment materials are part of Bill of Materials (BOM). Goods
issue document is posted in such a case when activity confirmation is done for the production order through
transaction code CO15.
In the above case, the price is picked from the purchasing info record which would have been created for
the material and vendor combination.
3.
1. 3. Settlement The next step in the vendor consignment process is the settlement of the vendor liability.
This is done through transaction code MRKO
This would display the withdrawals from the consignment stock which have taken place and for which the
liability for the vendor has not been created. You also have the option to check the accounting entries for the
withdrawals for consumption made from the consignment stock for a vendor.
After analyzing the unsettled withdrawals, you can create the vendor liabilities by selecting Settle from the
main screen. This will settle the outstanding entry in Consignment Account Payables account and create a
vendor liability. The price of vendor liability creation will happen at the Info Record Price.
Accounting Entries
1.
1. At the time of Goods Receipt No Accounting entries are generated at the time of goods
receipt
2.
(a)
V)
Consumption Account DR
(Account Assignment OBYC-GBB-VBR)
To Consignment Payable A/c (Account Assignment OBYC-KON)
The unit value of material comes from the Info record Price for material vendor combination for info
category Consignment
(b)