SAP MM Vendor consignment procurement process
Merchant transfer is a cycle where the provider (seller) gives material to the buyer and stores in the premises of the actual buyer. Responsibility for material lies in the possession of the provider despite the fact that it is put away in the buyer’s premise.
At the end of the day, we can say that the material remains in the books of the seller until removed from transfer stock.
Stock in the possession of the buyer gets impacted just when the stock gets moved. Learn more from SAP MM training and placement in Hyderabad
We can determine following focuses for Vendor transfer process in sap mm :
The transfer process in SAP MM is useful in materials Management buying when the association buys material from the merchant on credit.
This cycle is remembered for its unique acquisition type in SAP. We will give our space to merchants to store the material, nonetheless, we are not liable for stir up.
Proprietorship and responsibility of stock stay in the possession of the material, be that as it may, we are not liable for stock.
The consignment material number is the same as in the books of the buyer’s unhindered stock.
Transfer stock is kept up with an individual provider or merchant level as there can be numerous gatherings for acquisition.
Buying Info Record is compulsory to keep up with for this interaction. The cost of the transfer is likewise kept up with the data record. We need to make the record with transfer as a classification
Merchandise receipt against transfer buy request is Non-Valuated.
Merchandise receipt occurs at the cost referenced in the Info record.
Subsequent to making Goods receipt, frozen in place shows as Vendor
Transfer stock to our own stock.
We will pay just for such moving quality.
The seller need not send a receipt or bill for the withdrawal amount. An association will settle the transfer risk.
Seller Consignment in SAP MM Material Management transfer implies that material made open to you by a merchant is put away in your organization yet genuinely esteemed to the merchant. A responsibility to the merchant possibly rises when you pull out material from the transfer stocks. The accompanying area generally frames the whole seller transfer process Details on the singular advances are canvassed in the further areas.
To oversee material in the transfer stock.
Expert information:
- Material expert record: If you deal with the applicable material as your own material, you don’t have to make a new material expert record for the transfer material. By utilizing a similar material number, the transfer stock can be remembered for the unlimited utilization of a material.
- Vendor master record for the merchant of the transfer material.
- purchasing data record with Consignment data classification for the transfer merchants and transfer material.
For more details please go through SAP MM online training.
