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pkr13610Are Movement type & accounting entries are same?
What are the back-end settings required for Consignment Stock?
Arthur WangAre Movement type & accounting entries are same?
They are different.
Movement type are use for inventory posting, such as increase stocks (101), decrease stocks (601) etc.
When a movement type is executed, an auto Accounting entries is posted by the system to the company financial account (this is configured by SAP Consultant).
What are the back-end settings required for Consignment Stock?
Consignment Stock does not need any setup as it is a standard SAP function.