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Former Member
Oct 30, 2007 at 12:27 PM

Consignment Purchase


Hello All,

Please check the foloowing scenario and suggest how it can be mapped in SBO:

I am a dealer for electronic goods and the manufacturer sends the items to be kept in my showroom for sale/display. As and when the items are sold from my premises, I am billed for them. This is very similar to consignment sales however from the Customer's perspective, hence consignment Purchase.

The query that I have is, when I receive the items, my inventory quantity should be updated but its value should not be reflected in my books. So if I post a GRPO in my system, the relevant item quantities should be updated but no posting should be done to GRNI and Raw Material/Invenotory accounts. Can this be done? I have tried it using drop ship warehouse but the inventory isnt reflected anywhere as it is drop ship warehouse. Same is the case if I define the item as a non-inventory item.

Please suggest.

Thanks & Regards,

Gyanesh Rupani