third party po

[Former Member]

what is the basic concept of third party po

[Former Member]

hi nitin,

its a customer>company>vendor relationship.when a customer orders ie po to company for a material,then that company inturn orders po to vendor to supply the goods to customer.thus company dont have to take gr in physical else just logically so at that time customer will reciv goods.vendor invoice to company and company invoice to customer....

[Former Member]

Hi Nitin,

Whenever you have to supply material to customer directly from vendor,instead of receiving goods physically at our end .

For third party scenario we have to create the purchase order with reference to Sales order through Purchase requisition.

Forst You have to create the Sales order with Item category TAS-Third party, assign the Vendor at sales order .

Here at sales order, Purchase requisition are created for external procurment with the help of schedule line categories.

Then you have to create PO w.r .t PR.check item cat S-third party.

By Receiving the goods the physical stock will not updated at our end ,it directy delivered to customer but FI documents are generated, means you have to pay to the vendor, and costomer will pay to you.

Rewards if scenario is undersatnd.

Regards

Sanjay L

[Former Member]

hi

In which transiction financial document will be generate, and how vendor will get payment?

[Former Member]

Hi Nitin,

Following are the steps of third party:

1) Creation of third party sales order

2) Generation of automatic purchase reqisition throught the configuration of schedule line CS in SD.

3) You can check the PR Number in the schedule line tab of sales order.PR requirement will not be available in the MD04.

4) Manually create a PO for vendor with item category S.

5) There will be no GR in this case.

6) Create an invoice verification document.

7) Create an invoice from the SD side w.r.t Sales order.

Reward points if it helps.

Regards

Karan

[Former Member]

Material - Trading/Semifinished with Sales data

Item category as third party can be entered in sales order in Item overview screen or it can be given in material master basic data screen or sales org data screen2 in general item datagroup field.

[BijayKumarBarik]

Hi,

Your company procuring material from Vendor and directly selling to customer.

T.Code: Me21N, Item catagory : S, And account assignment catagory X.

If helpful then reward.

Are you rewarding points for helpful answer before closing your question.

Regards,

Biju K

[Former Member]

thanks