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Former Member
Nov 16, 2012 at 07:19 PM

Consignment fill up - Accounting entry required in 631W movement type

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Dear all,

We have the following scenario on which we need you valuable inputs

Scenario

We have a distributor to whom we dispatch goods - These are our goods until they are sold to the end customer. The COGS and Sale entries should be booked when it is sold to the end customer by the distributor.

Possible solution

We tried to use the Consignment fill SD process (order type KB) - This generates a movement type 631 W during Delivery and PGI - W being the special stock indicator of the Distributor against which we can track inventory. When final sale happens we trigger 633 W to book COGS

Problem

However when we dispatch the material to Distributor using 631 W - There is no accounting entry - since it is the sale plant and only special stock indicator is changed.

We want to have an accounting entry generated at the time of Delivery/PGI

Distributor stock A/c --- Dr

To Common Plant stock A/c ---CR

Further when actual sale happens and 633W is triggered for COGS

COGS A/c ----- Dr

To Distributor Stock A/c--- Cr

Are the above accounting entries possible - we are open to configuring new movement types - We found out that we can change the inventory offset (GBB) keys - but we are unable to change the inventory key(BSX)

Please share your experiences/thoughts/suggestions around this.We are on 4.7 Version

PS - We do not want to create a new plant and do Stock transfer scenario as we add such distributors very frequently and we will have to create new plant for them always