Hi All,
my company is doing procurement business for pharmaceutical customers. our company does not have logistics so we have outsourced it to third party.
we have two scenarios.
1. Customer sends to my company list of materials to purchase
2. Customer purchases directly from Vendor
in the second scenario i have few doubts.
the contract between my company and customer is i have to record whatever my customer is buying.
some times customer directly sends the PO to vendor to buy the materials. Vendor will deliver this to Warehouse. Warehouse will send me the GR.
here customer will send me the po copy for recording purpose.
do we need to create PO in order to record? because here my company is not buying. customer is buying it from vendor.
Finance team is telling that if we create PO in ECC, then i will have impact in balance sheet.
what is the best approach to handle this? i dont want to create PO but i have to record the stock.
or should we tell customer, that we dont want to record whatever customer purchase it from vendor?
Regards,
Muni