Consignment processing in Indian Scenario

[former_member312216]

Hi People

I understand there are lot of posts regarding consignment processing . I have searched for previous threads but nothing is leading me to the exact process of indian consignment scenario.

If anybody can please oblige and let me know the whole process with the legality issues i would be truly humbled.

Even if you find a previous thread on that through the forum i would be much obliged.

thanks and regards

[Lakshmipathi · Accepted solution]

Be it an Indian scenario or export scenario; basically the transaction codes for consignment fill up process is standard. That is when you despatch the material from a manufacturing plant to domestic warehouse, you create a KB order, Delivery and F8 Proforma (billing).

As and when the goods are issued from warehouse to end customer, you create a KE order, delivery and F2 invoice.

Now can you please let me know what is your process so that accordingly, suitable suggestions can be given. Dont expect suggestions without explaining your process.

thanks

G. Lakshmipathi

[former_member312216 · Accepted solution]

ok , i understand but where is the legality here to create an excise invoice which the indians are obliged to perform.

COrrect me if am wrong , there is a legality that whenever the goods leave the warehouse premises there should be an excise invoice passed,

Once we pass the invoice , what would be the posting here as the good are not yet into the customer / the customer has not yet used the goods.

I understand its KE.KA,KR,and KN but whats the process , is it normal sales order process with an exception that it is a consignment process..

the process is pretty huge and hence i would be obliged if you clear this.

thanks

[former_member312216 · Accepted solution]

HI Lakshmipathi

The negligence is mine, i apologize , this is ith regards to loking and unlocking of thread and for this too.

thanks

[Lakshmipathi · Accepted solution]

Its all depends on how you configure your warehouse. That is if it is declared as a Depot, then you have adopt RG23D register procedure. On the other hand, if you treat it as a plant, then its a different process altogether.

If you have not yet started the configuration process, what I would recommend you is that you treat the warehouse as a plant and stock transfer from manufacturing plant to warehouse. Here the configuration would be much simpler than going for exact Depot process.

Coming to your question on generation of excise invoice, yes by all means, you will have to generate excise invoice. If you are treating it as a plant, then you have to generate excise invoice via J1IIN. On the other hand, if you treat it as a Depot, then you have to generate excise invoice via J1IJ.

Last but not least, unless your queries are answered, please dont change the thread as "Answered"

thanks

G. Lakshmipathi