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what is consignment?
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Answer / irimi
When a vendor supplies material to be stored at a customer's site for customer withdrawal, the purchasing department can create a consignment purchasing info record for that material
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / narmada.embeti
The stock belongs to Vendor(he has complete ownership of it),but is kept in our storage location.We will pay for the stock which is consumed but not for the whole stock which is kept in the storage location.
| Is This Answer Correct ? | 7 Yes | 0 No |
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