Consignment settlement using currency USDN

Dear All,
I have a question in regards to consignment settlement using currency type USDN.
**My client would want to use 5 decimal places and hence using USDN currency type**
At present for consignment process, we are maintaining a Cons info record with 5 decimals using USDN currency type.
And apparently this is the only place where we can control the currency through the whole process till settlement.
Once PO, MIGO and the transfer posting is done, during the settlement process MRKO, the final document currency is obtained in USDN
Is there any way we can obtain the document currency in USD and yet have 5 decimals? like having a user exit

Hi,
Before MRKO, check following;
1. ME11 - Purchase Info Record with Info Category "Consignment" (In PIR, maintain Net Price as well as Tax Code)
2. MB1B - Transfer stock from Consignment to Unrestricted (own stock), using 411 K
3. MRM1 - Maintain condition record for Output type KONS i.e. Consignment
4. MRKO - Refer the Material document of 411 K and In selection screen select "Withdrawals Not Settled" and Under procesing select "Settle" radio button.

Similar Messages

  • Consignment settlement and a vendor paper invoice

    All,
    Is anyone aware of a SAP solution that allows a supplier to send an invoice for consignment materials?
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    Regards,
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    You do not expect an invoice from the vendor for goods withdrawals from consignment stocks or a pipeline. Instead you settle posted withdrawals and return deliveries yourself and send the vendor a statement of the settlement. You can perform this settlement periodically in the background. The following documents can be involved:
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    Constraints
    Consignment and pipeline settlement is not connected to the purchasing information system, because the purchase order history is not updated during consignment settlements.
    You cannot make any net postings during consignment settlement. This means that you cannot calculate any cash discounts. To take cash discounts into account, you must include these in the consignment price. This ensures that the cash discount is implicitly posted during the goods withdrawal and settlement.
    You cannot settle delivery costs.
    To process consignment and pipeline withdrawals, choose Logistics Invoice Verification ® Automatic Settlement ® Consignment and Pipeline Settlement.
    The selection screen Settle Consignment/Pipeline Withdrawals appears.
    Narrow down the selection by:
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    Vendor
    Plant
    Material
    Document date
    Posting date
    Material document
    In the Selection frame, select the withdrawals that you want to take into account during processing.
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    Only pipeline materials
    Consignment and pipeline materials
    In the Processing frame, you can select whether you want to process withdrawals or return deliveries:

  • Linking Consignment Settlement (MRKO) with Value Contract

    Hi Guys,
    We are trying to set up Consignment stock functionality in our company. We have successfully configured and tested it but there is only one problem, we want to link this consignment functionality with and Outline agreement (Value Contract to be exact), so that every time we do a settlement using MRKO, the invoice value is deducted from the total value of the contract. My first question is
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    Normally we do not get into consignment arrangements with supplier with value limites or qty limites. It defeats the purpose of consignment, where idea is to reduce inventory carrying cost and yet have full availability of stock.
    Also, you will provide a dedicated space in your premises to your Supplier and hence to limit him with total value of your consumption is difficult to achieve. Even if you make some enhancement in system to achieve it, on shop floor how can you control it, if you have inventory open for use? If you have negotiated with consignment vendor based on value, I am sure Vendor will not replenish any inventory once he thinks that overall value limit is breached and hence suddenly one day, without any indicators to you, you will run out of those components which you do not have in your inventory, nor in your consignment inventory.
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  • How can I settle just 1 line item using MRKO (consignment settlement)?

    Hi All,
    In consignment settlement, if for a given company code, say material document 41234552 has 3 unsettled line items, say 1 2 3.
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    Regards,
    Tejas

    This is not possible. Have to clear the entire doc. Hence, closing this thread.
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  • Consignment settlement - payment terms

    Hello,
    I had a vendor that use to buy consignment and non-consignment part. Both consignment and non-consignment they have different payment terms. I found out that when we do consignment settlement the payment term is retrieved from vendor master. i try not to set payment terms manually everytime create a PO for non-consignment part. Is there any methods that we can use?
    Thanks.

    Dear Janice,
    Maybe you can try to activate " Sub range" function in vendor master, with this sub range you can specify various Purchasing data for various plant.
    Activate the sub range funtion in Tcode OMSG
    Regards,
    w1n

  • MRKO Consignment settlement against a PI partner

    Hi
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    Check the OSS note 451370
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    2. The inventory management of the consignment stock is always executed for the goods supplier and the goods movements are always executed with reference to this vendor accordingly.The resulting posting of the consignment liability is therefore executed with the number of this vendor as part of the sort/assignment criterion.
    3. If the settlement of the consignment withdrawals does not then work with this vendor but instead works with the invoicing party assigned to this vendor, this would cause the posting on the consignment liability account to contain the vendor number of the invoicing party as a sort and assignment criterion, as the document only contains this vendor. Therefore, the postings could no longer be cleared and the documents could no longer be archived.It would also no longer be possible to execute evaluations via the consignment liability account for the determination of open items.
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  • Automotatic Message Determination:Consignment Settlement

    Friends,
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    My questions specifically are:
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    2. I think there would be several, if so, how do I configure email,fax etc.
    3. Also, after I settle, I am trying to send the document to the local printer but I am getting the following error message
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    Thanks in advance ....
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    Pankaj-
    Thanks for your prompt reply. However this did not solve my problem. Please look at my comments below and respond:
    1. What are the output methods for this form?
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    3. Also, after I settle, I am trying to send the document to the local printer but I am getting the following error message
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  • Consignment settlement output title

    Hi,
    we print a KONS output (MR_PRINT form) for consignment settlements (triggered by trans. MRKO). On the paper ouput we need to slighly rephase the name of the document printed in French language. For example - from "Consignment invoice" to 'Consignment consumption settlement". Please advise where are stored texts for titles in different languages.
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    Interesting - I've always known the t-code and have not tried to access through the SAP menu so can't tell you differently.
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    Sandra

  • Consignment Settlement(MRKO) Problem

    Hi,
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    Thanks,
    Teo

    Teo,
    To be clear the vendor should not be sending an invoice for goods on consignment.   However I understand that this is done as we are facing the same delima.  
    The only way to settle using the price on the invoice the vendor sent, is to reverse your goods issues, change the price and do the goods issue again.   Not a good process and in most cases not a supportable work process.
    Our current process is to settle the consignment, reverse the invoice and post an FI invoice to match the invoice the supplier sent.   We are considering changing that process to settle the consignment then post a subsequent debit/credit.  
    Good luck.   I hope someone else has a better answer for you.  I have posted a similar question to this forum and did not receive any helpful responses. 
    Regards,
    Sandra

  • Consignment Settlement - MRKO

    Hello Friends,
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    Can anybody suggest me what I have to do further to solve this error?? Do I have to create a new tax code V0 for JO - Jordan??
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    Kindly advise me on the above.
    Thanks and Regards.
    Umakanth.

    Friend
    Maintain taxcodes using trnasaction code FTXP
    ENJOY SAP
    Regards

  • Consignment Settlement By MRKO

    Hi Friends,
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    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
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    Regards
    Anand

  • Error in viewing Accounting Documents at consignment settlement

    When I am trying to do consignment settlement, I am encountering two errors, the screen shots of which I am posting herewith, After I am clicking on the documents created, its popping error  message "Document 5100000000 1010 does not exist in Fiscal year 2014". How to solve this error. I've maintained number ranges for the running year also. Still am not getting the solution for it. Please help.
                                                                                                         javascript:;
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    Hi,
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