Consignment sales order
Introduction
Introduction
Overview
Consignment sales are a trade agreement in which one party (the consignor) provides goods to another party (the consignee) to sell. However, the consignee has the right to return unsold goods back to the consigner.
Business Case
Tabs
Consignment sales header
Critical Fields:
1) Business partner : We can select existing/new customers here and this field is used to maintain customer.
2) Partner Location : This field is updated automatically, based on the business partner
3) Date Ordered : Indicates the Date an item was ordered.
4) Date Promised : The Date Promised indicates the date, if any, that an Order was promised for.
5) Price list : Price Lists are used to determine the pricing, margin and cost of items purchased or sold.
6) Currency : Indicates the Currency to be used when processing or reporting on this record.
7) Warehouse : The Warehouse identifies a unique Warehouse where products are stored or Services are provided.
8) Priority : The Priority indicates the importance (high, medium, low) of this document.
Critical & one-time setup fields:
1) Organization: This field is used to select the organization
2) Target Document Type- This Field is used to select the type of document that you are going to process
Non-Critical Fields:
1) Campaign : The Campaign defines a unique marketing program. Projects can be associated with a pre defined Marketing Campaign. You can then report based on a specific Campaign.
2) Project : A Project allows you to track and control internal or external activities.
3) Activity : Activities indicate tasks that are performed and used to utilize Activity based Costing
4) Delivery : The Delivery Via indicates how the products should be delivered. For example, will the order be picked up or shipped.
Zoom conditions:
1) Consignment shipment
Customization:
Lines
Critical Fields:
1) Product : Identifies an item which is either purchased or sold in this organization.
2) Quantity : It is used mention the sales quantity.
3) Price : The price entered is converted to the actual price based on the Uom conversion
4) Tax : The Tax indicates the type of tax used in document line.
Critical & one-time setup fields:
Non-Critical Fields:
1) Description : Optional field description of the record.
2) Project : A Project allows you to track and control internal or external activities.
3) Campaign : The Campaign defines a unique marketing program. Projects can be associated with a pre defined Marketing Campaign. You can then report based on a specific Campaign.
Serial number/Lot number (ASI):
In this field, we can set an Attribute instance for this product & we do not generate serial numbers in the sales order
Zoom conditions:
Customization:
Order Tax
The order tax tab will automatically update after the document is completed.
Document Action
Validation
1. System will check all mandatory fields
2. In the order line, the system will pick the price and tax from the master.
3. If a Custom line is added in the master, it will copy to the customs line under the order line.
4. Payment Schedule will explode as per the payment terms selected in order(Header).
Delete:
1. System will delete the order and its history details
2. If the product is required to delete in the order line and it is in draft status, then you can delete the record.
If the Document status is in progress, you should change the quantity to zero and prepare the document. then you can delete the record.
3. If you want to delete the whole record, first need to delete the activity against the document number and delete the header.
Document action-prepare:
1. System will check the period details and master data checking
2. If a payment schedule is not created, the system will automatically create a payment schedule based on the payment term selected.
Document action-complete:
1. System will set the status as complete for the document and keep the order ready for processing.
2. Once document action is complete, all fields are updated in read-only
Document action void/reverse correct actual:
1. Void- the system will reverse all the transaction data and change the document status to Void
Document action close:
Action
Verify:
Create lines from:
Not applicable
Copy from/lines:
This button will help you to copy the order lines from another sales order line. We need to mention the order number to copy it.
<custom actions>:
Not applicable
Process
Process
1) Copy from : Copy line process will help you to copy the consignment sales header from other order.
2) Document Action : It is used to prepare,complete & void the document