Consignment with Value Flow

 

Input

      In this flow, Once received customer Purchase order, we should raise a sales order for that customer.

Process

      Create shipment receipt against the sales order. Once we process the shipment document action as complete, the system will check the inventory.

      We need to generate the Purchase order against consignment warehouse & create a material receipt.

Report

  1) We can take Consignment stock report vendor wise from store stock report
  2) Consignment notice 
  3) Consignment Transaction Report
  4) Sales Report

Data transfer

If the stock available in the inventory it will allow you to sell the product.

Inventory move document will auto-generate when stock not available in the main warehouse. Then it will move stock from consignment warehouse to the main warehouse.

Calculation

If no stock found in the main warehouse you should create a Purchase order to increase the stock.

1) If the stock is available in the main warehouse you can do the shipment.

2) If the stock is not available in the main warehouse, then it will move from the consignment warehouse while shipment completed.