Vendor Consignment
In Consignment processing, the vendor provides materials and stores them on company’s premises. The vendor
remains the legal owner of the material until company withdrawal materials from the consignment stores. Only then
does the vendor require payment. The invoice is due at set periods of time. For example, Monthly
Configuration and Pre-requisites:
Activate Consignment Prices via Info Records
Path: SPRO – IMG- Materials Management -General Settings for Materials Management - Activate Consignment
Prices via Info Records
Accounting OBYC Settings
Message Determination in LIV
Path: SPRO – IMG- Materials Management -Logistics Invoice Verification -Message Determination -Maintain
Conditions (MRM1)
Create a Condition record
Material Master data:
Consignment Info record:
T-code – ME11
Mandatory to maintain info record
Source List:
T-code : ME01
Process Flow:
Create Purchase Order
T-code: ME21N
Item Category – K
No conditions will be displayed
Goods Receipt
T-code: MIGO
No Accounting entries will be posted
Stock Overview - MMBE
Material Withdrawal from Vendor Consignment
T-code: MIGO
Accounting Postings will be generated
Stock Overview
Invoice Settlement:
T-Code: MRKO