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*1. What are the types of special stocks available? *
Subcontracting, consignement, pipeline, project, sales order, RTP, stock transfer ,third party.
*2. What are the types of inforecords?*
Standard, consignment,subcontracting & pipeline.
*3. What is meant by consignment stock?*
The stock supplied by the vendor is in the companies premises with the company having no liability for the same. The liability for the company will only be affected when the goods are issued from the consignment stock for use.
*4. What are the steps involved in consignment cycle? *
Create consignment info record with proper tax code, create Po with item category K, maintain output condition record for KONS, process GR, no invoice verification done, but settlement is done through MRKO transaction.
*5. Tell me about the subcontracting cycle.*
The Po is created with item category L , the goods is transferred to subcontractor by 541 movemet. for this movement note no accounting docs take place. When GR is done automatically, 543 movemnt takes place which take care of the consumption of components from stock.
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