| Consignment Pickup and Consignment
Return Process
Difference between the Consignment Pickup Process and Consignment Return Process. The difference between Consignment Pickup and Return are: 1. In Consignment Pickup what ever the goods lying at the customers point as Consigment stock will be taken back before consignment issue to the said stock. Which means the Special stock will be converted in to actual stock or unrestricted stock. 2. In Consignment Return the goods were already sold to the customer by doing Consigment Issue. And the customer want to return the stock because of some reason (like Poor quality, Unable to sell, Price changes, Expiry etc). After doing consignment Return the stock will be once again added to the Special stock but not to the Unrestricted stock. If we want it to be unrestricted we should once do the process by using Consigment pick up. --- Consignment pickup: Process where the consignee (person who stocks the goods to sell) has not yet sold the goods and has returned them back to the consigner (company that manufactures the goods) due to damage. Goods flow :- CONSIGNER ----> CONSIGNEE ---> CONSIGNER Consignment return: Process where the customer returns d goods to the consignee and consignee returns the same to the company. here as the consignee has already sold (& billed) d goods to the customer, the company has to issue a credit memo to the consignee (AS IN CONSIGNMENT PROCESS COMPANY PAYS THE CONSIGNEE ONLY WHEN HE SELLS THE GOODS TO THE CUSTOMER). Goods flow :- CONSIGNER ----> CONSIGNEE ----> CUSTOMER ----> CONSIGNEE ----> CONSIGNER. --- KB - Fill up
KE - Issue
KR - Returns
KA - Pickup
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