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Invoice verification Vendor Consignment

Hi,

We have implemented vendor coonsignment in Europe. Now we want to start implementing in other areas and we run into an issue. Some countries require that the vendor sends a physical invoice to us based on our reported usage. As MIRO is not working for vendor consignment, we have no means of verifying that the invoice received matches the usage and the prices that we reported to the vendor. Curently this needs to be done manually, but this is taking a lot of time and is no longer viable due t growing business. Is someone experiencing the same issue or does anyone have a solution for this issue?

Thanks,

Ed

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1 Answer

  • Mar 05 at 09:28 AM

    Vendor Consignment can only settled through MRKO transaction, manual posting is not possible in standard. System always refer corresponding material doc with 411K movement and settles Vendor consignment. You've to think about a check point before you transfer goods from Vendor consignment to your Company owned stock in order to match the physical Vendor invoice.

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