consignement stock sales

[Former Member]

We r using SAP Is retail, we r procuring consignement stock using item category K and directly selling in POS. on the basis of sales we are processing settlement using MRKO transaction.

I came to that in manufacturung companies users will first transfer the goods from consignment stock to regular stock then process the sales.

where as we r not following this transfer posting in retail, does we need to first process transfer posting bases on POS sales report then post sales in SAP and process settlement.

why manufacturing companies follow differently than retail, what is the SAP best practise,

Plz explain.

[Former Member]

closed

[hnmuralidhara]

Dear Charan,

If you are referring from Indian Manufacturing angle...yes...you are right. For any manufacturing company, Excise duty comes in the picture. Because of this reason, manufacturing companies first transfer vendor consignment goods to own stock. Whereas in Retail (Trading business), Excise duty will not come in the picture at all.

Bye,

Muralidhara