CONSIGNMENT

[Former Member]

hi all

iam a fresher to mm. in MM can any one give me the information REGARDING CONSIGNMENT how it works ,prerequisits, etc..it helps me a lot

thanks in advance

rewards comp

[Former Member]

Hi

You can goto tcode <b>MRM1</b>, specify the condition type = "<b>KONS</b>" for consignment and Company code = 1000

Remember not to specify the partner in the condition record.

Then proceed to <b>MRKO </b>to do your consignment settlement.

https://warranty.rotax.com/sap/its/mimes/system/99/en/info/docu_general.html

[Former Member]

Hi Manoj

Consignment is a type of procurement process. In this process, the vendor makes material available, which you then manage as consignment stock. A liability only arises when material is withdrawn from consignment stock, not when the stock is placed in the consignment stores.

1. Material Master record and Vendor should be there.

2. Inforecord with procurement type consignment should be there.

3. You have to activate the consignment price via inforecord in SPRO > Materials Management> General settings for materials management --> Activate Consignment Prices via Info Records

4. Here you have to remember that, while placing PO, the price will be zero and the price will be picked from inforecord.

5. Vendor will supply the goods as per the PO and will receive the goods. After receiving the goods the same will be lying in your company premisess, but not belongs to your inventory. It can be used only after posting to inventory or consuming directly. But will pay for the goods as & when we are consuming/posted to inventory the same

6. The payment will be made thro' MRKO settlements. We can also set for automatic payments thro' batch jobs.

I hope the above helps you.

[Former Member]

hi ,

Consignment Process:

1) Maintain the Master Data : Consignment Info record with price :

Material /Vendor. the material type should be inventory managed.

2) Create a PO with Item Category K with price as zero.

3) Goods recieved is stored in the consignment Stores , this material is available and Non Valuated Movement Type : 101.

4) Goods are transferred to our stocks using 411K upon transferring we r liable to vendor.

5) Consignment materials are settled periodically .Transacstion . MKKO.

for more details.

http://help.sap.com/saphelp_47x200/helpdata/en/33/222138c2ebcc46e10000009b38f842/frameset.htm