User Experience Insights
Vendor Consignment Process S/4HANA 2020
As a brief introduction, Consignment Process in SAP for a vendor is used when a vendor provides the company materials on loan.
The materials of the company are kept in the warehouse until you withdraw the said materials for processing. So then, liability is created for the vendor and payment is done on agreed intervals, for example, weekly or monthly.
Graphically, the steps are the following:
The transactions used are these:
|INVENTORY MANAGEMENT||Goods receipt of consignment material||MIGO/MIGO_TR|
|INVOICE VERIFICATION||Settlement of consignment liabilities||MRKO|
in Fiori, the relevant tiles are under Purchases and Inventory Management.
Inventory management: https://youtu.be/kBs2OtxMisw
Invoice verification: https://youtu.be/A07gMIlaEws
For reference, here is the video for SIT Fortaleza, where I explained the topic:
The document for the presrntation can be downloaded here: https://www.linkedin.com/posts/isabel-s%C3%A1nchez-405812b4_sap-consignment-process-sit-fortaleza-2021-activity-6862161391818813440-GuPq