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TCode for Stock Adjustments on Consignment Without Causing Entries To Accounts Payable

Hi All,

Is there a Tcode in where adjustments to stocks held on consignment can be made without causing the movement to make journal entries to accounts payable or journal entries in general?

Thank you!

-Charles

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1 Answer

  • Best Answer
    May 04 at 04:37 AM

    MIGO, but the transaction does not really mean much, it is the movement type which defines if you get an entry or not.

    As it is about consignment, the stock is owned by your vendor, any adjustment that results in a positive or negative consumption will create liabilities to the vendor, you are accountable if your vendors stock is gone for almost all reasons, except your vendor delivered you the wrong quantity. The only movement that does not consume the stock is a receipt and hence its counterpart the cancellation of a receipt, which would be the appropriate movement type to adjust mistakes which have their origin in wrong received quantities.

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    • just do NOT cancel the material document of your receipt.

      Instead do a receipt to your purchase order like initially but change the movement type from 101 to 102 and then you can enter the quantity of your choice.