on 03-14-2007 10:31 AM
hi all
can anybody pls tell me how a trading industry's procurement cycle works?
specially i need to understand the goods in transit concept after creation of purchase order.
po-> goods in transit-> invoice
thanks in advance
Hi AP,
Goods in transit concept
Goods that have been shipped to a customer.
When goods are shipped to a customer, the customer does not usually become the owner immediately. Until the point where the ownership of a good is transferred to the customer, it must continue to be shown in the supplier's balance sheet even though it is no longer physically present.
The value of goods in transit can be calculated in results analysis and capitalized in the balance sheet.
Do you want anything specific to SAP do let us know , Inshort while there's a Stock transport order (PO ) when we do PGI , this triggers the goods in transit ( this is in very brief ) and the ownership of the goods lies in the ordering plant /co.
regards
kp
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hi kp
thanks for ur leads. but after more study i feel that it is a scenario where the vendor sends u the detail regarding the goods he is sending .like loading port, unloading port, expected date it will reach , and it can also send material of more than one purchase order so the PO nos, container details, vessel no.etc.it is valuated at ur vendor side. and my clint is keeping it ias a goods in transit in its legacy system.
so i feel it can be done through inbound delivery.but dont have much idea about it. so any thing u can help me in this regard.
regards
ap
Hi ,
You can go thru this link for more info :
http://help.sap.com/saphelp_47x200/helpdata/en/2d/1a2537a9d25f07e10000009b38f889/frameset.htm
regards
kp
Hi AP,
I thing u r taking about "stock in transit ".This is in "stock transport order"
Create material in MM01 > Material type " HAWA " ( trading goods )
Create Stock transport order
Do transfer posting MB1B with mvt type 351
Once u send the material, "material will be on road " called stock in transit get in MB5T
Do the GR
Hope it will help u
Regards
Hareesha
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