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author's profile photo Former Member
Former Member

Consignment Stock for Vendor and Customer

Dear Gurus,

I have problem when performing goods receive for vendor consignment by using MT 501 K where the system responses that "purchasing info record does not exis in purchasing organization 2000". FYI, I do not use consignment info record, due to the goods is not consumed by us but we manage them. What suppose to be done in the system in order to overcome this issue?

The same with above scenario, however, the materials belong to the customer, what arrangement suppose to be done?

Thanks in advance,

Best regards,

Mahnansa

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6 Answers

  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:10 AM

    Hi,

    For vendor consignment, Inforecord is must. Without inforecord you can't create PO, because the price will be picked up only from inforecord.

    Regards,

    Prabu

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  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:12 AM

    Hi

    For taking stock into Consignment from Vendor you need to maintain a consignment inforecord.

    You are performing a 501 K movement - GR w/o PO. For consignment GR you definitely need a PIR.. there is no other way around that.

    I am not sure on the Customer consignment part.

    Thanks & Regards

    Kishore

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  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:12 AM

    For vendor consignment you should maintian Purchase info record.The Parameters are Material, vendor, purchase orgasnisation and plant.

    vendor should assign to company code.

    Tax code should be maintain in Purchase info record.

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  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:19 AM

    you maintain the stocks....

    .does it mean , you receive the material from vendor, you maintain the stock at your place. and as when someone need it, you issue it from the stock?

    have I understood it correctly...

    then maintain the consignment info record 2) activate it (seprate node in SPRO)

    unless you set-up consignment related setting you are bound to get this error.

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    • Former Member

      Dear Deshamol,

      yes we maintain the stock for tracking pupose only. The stock will be used by vendor itself for their activity in project premises. your advice is appreciated.

      Best regards,

      Mahnansa

  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:46 AM

    Hi Nanto

    In vendor consignment, you will be creating the invoices automatically on your own for the stock transferred. So it is mandatory to maintain the consignment info record.

    Customer consignment is something we process purely in SD module. Here you keep the stocks at customer premises and he pay you when ever your stocks are consumed. We have to create a sales consignment fill up to keep your stocks there.

    with regards

    Sreenivas

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  • author's profile photo Former Member
    Former Member
    Posted on May 26, 2009 at 09:48 AM

    Hi Nanto

    In vendor consignment, you will be creating the invoices automatically on your own for the stock transferred. So it is mandatory to maintain the consignment info record.

    Customer consignment is something we process purely in SD module. Here you keep the stocks at customer premises and he pay you when ever your stocks are consumed. We have to create a sales consignment fill up to keep your stocks there.

    with regards

    Sreenivas

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