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Former Member

Consignment Settlement By MRKO

Hi Friends,

I know the consignment process from Consignment Info Record to MIGO. But when I am about to settle the consignment by using the T.code MRKO, I am not succeeding. Although when I am executing MRKO, i am getting the list of Consignment Stock. Further how to settle it, I don't know.

Plz help me out.

Thanks & Regards

Saeed Arif

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    author's profile photo Former Member
    Former Member
    Posted on Dec 23, 2008 at 11:29 AM

    Hi,

    Body dont get irritate, dont worry ,we are here to helps you out.

    See unless or untill you will not consume the material or transfer the material stock from consignment stock to own till then liabilities will not get created.

    I guess that material is still in the consignment stock and you are trying to settle the consignment vendor.

    1st generate the liablities using consumption or transfer the material stock from consignment stock to own warehouse.

    then run the MRKO to settle the liablities, Before running this transaction for settlement ensure that output message master is create consignment PO & Tax code is maintained in consignment info. records...

    hope it helps...

    manoj singh

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 23, 2008 at 11:05 AM

    Hi,

    Only after consuming the stock you need to do a settlement.

    Do a transfer posting to your company's own stock and then settle liabilities in MRKO.

    MB1B(411 K) or MB1A(201 K)

    Answer for your query is display consignment stock MB54.

    Regards,

    deepak.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 23, 2008 at 11:09 AM

    maintain output- condition record in MRM1...output type is KONS

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 23, 2008 at 11:21 AM

    Hi

    For doing consignment settlement we have to use MRKO. What are the necessary steps to be followed while dealing with this T.Code MRKO?

    For doing consignment settlement.

    you should have consignment PO ( item category K) with tax code

    Info recore is must with consignment

    when u received the good through movement type 101K no accounting do will generate. since it is not valuated materila ( it owns by the vendor)

    Transfer the consignment materila to own (movemetn type 411K ) or Goods issue to consumption( movement type 201K) ... now accounting document will generate.

    settele the the account through MRKO transcation.

    If you find error that messeage determination not set.... go the SPRP setting ..logistic Invoce verification > Messeage determination >>> maintain condition >>> create condition.... create for KONS

    Hope this will useful

    Regards

    Anand

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