Transferring Consignment Material Into Own Stock
Supposing you agreed with the vendor that after six months you will take over ownership of the remaining consignment stock. To do this, carry out the following goods movement:
Transfer posting. The initial screen appears.
Enter the plant and storage location. Choose Movement type
Consignment to own. (Movement type 411 with special stock indicator K)Select Continue. The collective entry screen appears.
Enter the vendor, material, and quantity. Only enter a receiving storage location if the material should be stored in another storage location.
Post the document.
The transfer results in a liability towards the vendor.