Process the consumption of material received on consignment

To process the consumption of material received on consignment:

  1. Access the Sales Order Intake Workbench (tdsls4601m200) session and click New. The Sales Order (tdsls4100m900) session is displayed.
  2. Create a sales order for a partial sale (5 pcs) of the stock received on consignment using the Sales Order (tdsls4100m900) session.
  3. Click Approve to approve the sales order header and execute the billing activities.
  4. After the confirmation of shipment, Infor LN updates the consumption data in the Inventory Consumption (whina1516m000) session.
  5. Review the journal entries generated for the sales order in the Integration Transactions (tfgld4582m000) session.
  6. Process the sales order and compose the invoice for the sales order. Select the billable line and click Actions > Compose Invoice on the Billable Lines tab in the Invoicing 360 (cisli3600m000) session. The billable line Status is updated to Ready to Print.
  7. Select the invoice line and click Actions > Submit to External Invoicing on the Invoices tab in the Invoicing (cisli3600m000) session. The invoice Status is updated to Submitted to External Invoicing.
    Note: You can filter the data by sales order to view the generated invoice.
  8. Process the invoice, print an electronic invoice, request for the return of electronic invoice, and integrate the accounting entries.
  9. After the processing of the invoice in the Tax Engine, the invoice is printed and the journal entries are generated. The Invoice Status is updated to Approved by External System in the Invoicing 360 (cisli3600m000) session.
  10. Select the invoice on the Invoices tab in the Invoicing 360 (cisli3600m000) session, click Direct Process to finalize the journal entries and execute the accounts receivable process in standard environment.
  11. The consumption of the consigned inventory in the warehouse is updated in the Inventory Consumptions (whina1514m000) session. The standard process moves the inventory to own stock and the MAUC is calculated.
  12. The Payable Receipts tab in the Purchase Order (tdpur4100m900) session is updated with the consumed amount of the product that is received as the consignment.