Professional Documents
Culture Documents
Carol Rogers
Paxar Corporation
SETUPS
Create the Subinventory
The subinventory is
not an Asset
Subinventory and not
Depreciable.
Create the Subinventory
Consigned
checkbox is
enabled.
PURCHASING CONSIGNED
MATERIAL
Status value is
Close for
Invoicing.
RECEIVING CONSIGNED
INVENTORY
You receive consigned material is the same way in which you
receive regular material, except that there is no accounting
event that might increase financial liability. When receiving
consigned material, you never match a payables invoice to a
consigned receipt. The goods ordered are received into
consigned inventory at the receiving organization.
When a consumption transaction is executed, the system
performs the accounting and costing processes that are normally
executed at receipt and delivery. Document sourcing is used to
determine the relevant prices of goods during consumption.
RECEIVING CONSIGNED
INVENTORY
In this example, the items are destination Inventory
and the Subinventory is TSC. The items are now in
the consigned subinventory and a subinventory
transfer or miscellaneous transaction is not required.
RECEIVING CONSIGNED
INVENTORY
RECEIVING CONSIGNED
INVENTORY
Click on the
Distribution button on
the Material
Transaction window
and you will see that
there is not accounting
from the PO Receipt
processed
Query Material Status
You can set up the billing cycle value and the other
consigned attributes in the ASL. The value in the Last
Billing Date field specifies the date on which the last Create
Consumption Advice program was run.
GENERATING THE CONSUMPTION
ADVICE
GENERATING THE CONSUMPTION
ADVICE
Click on the
Consumption
Advice Tab to view
information.
PENDING TRANSACTIONS
Thank you!