Consignment suspense accounts
In the consignment suspense account, you can track the values of inventory that are owned by an external vendor.
The consignment suspense account is the holding account that is used for consignment inventory. This account valuation is external to your organization. When you consume consignment items from inventory, you purchase the items from the external vendor.
When you create an inventory record for consignment items, the consignment suspense account is set as the default control account. The consignment suspense account is credited and debited as an inventory control account similar to other inventory financial processes.