Consignment Settlement By MRKO

Hi Friends,
I know the consignment process from Consignment Info Record to MIGO. But when I am about to settle the consignment by using the T.code MRKO, I am not succeeding. Although when I am executing MRKO, i am getting the list of Consignment Stock. Further how to settle it, I don't know.
Plz help me out.
Thanks & Regards
Saeed Arif

Hi
For doing consignment settlement we have to use MRKO. What are the necessary steps to be followed while dealing with this T.Code MRKO?
For doing consignment settlement.
you should have consignment PO ( item category K) with tax code
Info recore is must with consignment
when u received the good through movement type 101K no accounting do will generate. since it is not valuated materila ( it owns by the vendor)
Transfer the consignment materila to own (movemetn type 411K ) or Goods issue to consumption( movement type 201K) ... now accounting document will generate.
settele the the account through MRKO transcation.
If you find error that messeage determination not set.... go the SPRP setting ..logistic Invoce verification > Messeage determination >>> maintain condition >>> create condition.... create for KONS
Hope this will useful
Regards
Anand

Similar Messages

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    Dear Experts,
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    Prasath

    hi,
    problem solved with your help.thanks.
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  • Consignment settlement process MRKO

    Hi,
    I am working on PO with consignment first time I have made OBYC setting for consignment  KON , after that i hav ecreated PO migo and MB1B from consignment stock to own stock now i want to know the steps foe consignment seettlement how to do it with MRKO, when i execute it I can see the material document with with date and amount of that document on the main screen what is the further process to settle it. and also what settings are required to be maintain in MRM1 is it necessary
    regards,
    zafar

    HI,
    You can goto tcode MRM1, specify the condition type = "KONS" for consignment and Company code = 1000
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    One more setting, select the SETTLE and remove DISPLAY under the procesing option tab and execute the transaction..
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    Edited by: Kishore Kumar Galla on Mar 11, 2010 12:42 PM

  • Consignment settled through MRKO

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    Post a Credit / Invoice memo for the price difference against that vendor through FB65/FB60.
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  • Consignment Settlement - MRKO

    Hello Friends,
    I am doing consignment settlement in MRKO. But here i am getting the following error.
    Tax code V0 country JO does not exist in procedure TAXJOR.
    I have also done MRM1, that is, condition record for consignment. Still I am getting this error.
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    Hi Gurus,
    I have done consignement settlement thro MRKO.I want to reverse the settlement .Is it possible.What
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    Hello Sivakumar,
    At first reverse the Material document created , then Goto MRKO so that a credit memo gets created.
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  • Vendor Consignment Settlement - Invoice verification - MRKO

    Hello All,
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  • Consignment Settlement(MRKO) Problem

    Hi,
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    Message was edited by:
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    Hi,
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  • How can I settle just 1 line item using MRKO (consignment settlement)?

    Hi All,
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    This is not possible. Have to clear the entire doc. Hence, closing this thread.
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