1) Create Consignment inforecord in tcode ME11.

 Enter Material, Vendor, Purchasing Org., Plant and Select Consignment option
 Enter 1st Rem., 2nd Rem., 3rd Rem.,
 Enter Plan Del. Time , Purchasing grp, Tax Code, Net Price In Purchasing Org.
tab.
2) Create PO with Item category as "K" in Tcode ME21N.
 Document type is standard
 Enter Vendor and Org. data
 Enter material and item category is K
 In consignment PO, there will be no conditions tab and Net Price.
3) DO the GRN with MVT 101 + K in tcode MIGO.
 Select “GR” and “PO”
 Mvt type – 101 + k
 Enter PO number
 Check MMBE
4) Transfer consignment stock to your own stock in MVT 411 K in tcode MIGO.

5) Do the Vendor Settlement in Tcode MRKO.

 Enter Company Code, Plant and Vendor
 Under Processing tab, First select Display and Execute
 Check your Document
 Then click back
 Now under Processing tab, Select Settle and Execute
6) Clear the payment in tcode F-53 .

 Check in fb1ln , Whether payment happen or not