When the subcontractor has completed his service, he delivers the finished or refined material.

The goods receipt is also entered here with reference to the (subcontract) order. This means that not only the receipt of the end products is correctly posted but also the consumption of components from the stock of material provided to vendor. Finally, the subcontractor writes an invoice for the service rendered.

Vendor consignment
This form of consignment means that a vendor provides you with a material that you store but for which you do not need to pay anything. The vendor remains owner of the material until you remove something from the consignment store. Only then does a liability arise for the vendor. Settlement for these withdrawals is due according to agreed periods - for instance monthly.