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

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

    Is anyone aware of a SAP solution that allows a supplier to send an invoice for consignment materials?
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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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    Consignment settlement is connected to message determination. As a result, you can define a form in Customizing. A message record is created during each settlement. This message record completes the form. Depending on the system settings, you can send this form to the vendor immediately on posting or at a later time.
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    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.
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    Document date
    Posting date
    Material document
    In the Selection frame, select the withdrawals that you want to take into account during processing.
    Only consignment materials
    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,
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    2- If NO, then what is the way to achieve above task, is their workaround for it ??

    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.
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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.

  • Consignment settlement - payment terms

    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?

    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.
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  • MRKO Consignment settlement against a PI partner

    I have a problem with the vendor the MRKO settles against. The scenario is that I want to settle the against a PI maintained in the vendor master (in the partner function) which is different to the VN that the MRKO run settles against because this is the vendor the info record is created for and the PO was created against.
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    Check the OSS note 451370
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    Other terms
    Reason and Prerequisites
    For the following reasons, the consignment settlement is unable to take partner role 'Invoicing party presented by' stored in the vendor master into account and can only create the invoice for the goods supplier:
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    For the above reasons, in consignment processing, you can only work with the goods supplier which must be created in the corresponding company code and the corresponding purchasing organization.

  • Automotatic Message Determination:Consignment Settlement

    I need some help in after doing the consignment settlement process:
    After I run MRKO and settle the consignment once a month, I need to send a form to the vendor detailing the settlements done over the period of one month.
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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 ....

    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?
    Ans: - SAP Standard output type is "KONS"
    I am using the KONS, but I am unable to see email as an option. I see simple mail, but do not see email.
    2. I think there would be several, if so, how do I configure email,fax etc.
    Ans: - Use the appropriate transmission medium in MRM1/MRM2 for KONS
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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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    Ans: - Go to MR90 and here in selection screen, specify the "Processing mode" as "2" i.e. Repeat processing or "3" i.e. Error processing and then execute and print it again.
    *I tried mr90 and mr91 transactions with 1,2 and 3 options. But it still gives me the same error - No messages for first/repeat/error processing exist *

  • Consignment settlement output title

    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.
    Thanks a lot
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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.
    In the end SAP standard is not designed to output consignment documents via MR90 so you will need to make adjustments to your user profiles and processes to use MR91.

  • Consignment Settlement(MRKO) Problem

    For consignment stocks, after GR from PO, we'll either do a mvt:211K to cost ctr or mvt:411K to inventory. Now this will create a settlement entry in MRKO based on the existing PIR(purchase info record) unit price.
    After 6 months, vendor sends the invoice for the above PO but with a different unit price billed. In this case how can we settle the consigment items(based on the orginial 211K and 411K PIR price) in MRKO as the price does not tie back to the vendor invoice price. Any possibilties to do the consignment settlement based on the vendor invoice latest unit price?

    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. 

  • 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.
    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??
    If yes what is the transaction code for this??
    Kindly advise me on the above.
    Thanks and Regards.

    Maintain taxcodes using trnasaction code FTXP

  • Consignment Settlement By MRKO

    Hi Friends,
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    Plz help me out.
    Thanks & Regards
    Saeed Arif

    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
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    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
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  • 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.
    Sowmyesh Maniyar

    Considering you have all consignment setting and find condition record maintained in MRM1 t.code with your Output type KONS with Invoicing Party & Company Code
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    For message " Document 5100000000 1010 does not exist in Fiscal year 2014" .1st try to know difference between Fiscal year & Calendar Year . 2ndly ,check Fiscal Year Variant for your company code and then enter Document number 5100000000 with Company code 1010 with correct Fiscal year to check accounting entries.
    Biju K

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