while doing consignment fill up an accounting doc will generate, what is that?

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while doing consignment fill up an accounting doc will generate, what is that?..

Answer / pitabash

hi !

For consignment Fill-up there is no account document will
generate. because :-

1:- There is no invoice generated.
2:- Material will be at vender place but the ownership is
still at the company. the material will show on stock as
restricted stock for consignment .
3:- The goods movement has no relevance to accounting.
Therefore, the system did not generate an accounting
document for the material document.

Coments are always welcome..

Hope it ll help you..

Regards
Pitabash
L&T Bangalore

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while doing consignment fill up an accounting doc will generate, what is that?..

Answer / venkatesh

No Accounting document will not be generated. Because of the ownership of goods belongs to company.

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while doing consignment fill up an accounting doc will generate, what is that?..

Answer / sudhir

thanks pitabash.

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