W3vina.COM Free Wordpress Themes Joomla Templates Best Wordpress Themes Premium Wordpress Themes Top Best Wordpress Themes 2012

You are viewing an old revision of this post, from May 21, 2015 @ 13:29:23. See below for differences between this version and the current revision.

Item OU – Stock

Item OU - stock handles the maintenance of stock activities related to the item. io-stck Fields & its description:
  • Stock Maintenance
If stock  maintenance is applicable for this item then indicate as such in this screen.
  • Bin Tracking Required
The location of the item kept can be tracked using bin tracking. Bin may refer to  shelves, drawers, containers, etc.
  •  Unique Number
If a batch stock is kept, then there is a possibility that some batches might require unique identification. Choose accordingly.
  • Stock Valuation Type
Stock valuation of items can be based on multiple criteria. Some of the commonly used methods are: FIFO – Refers to First-In First-Out where the stock is valuated based on the fact that inventory that is manufactured first is usually sold first. LIFO – Last-In First-Out is the opposite of FIFO i.e. the most recently manufactured item is sold first. Weighted Average – This is calculated by dividing the cost of goods available for sale by the number of units available. This method can be used when inventory is intermingled and commoditized. Last Purchase Rate –  The cost is decided based on the last purchase rate of the item. Market Rate – If valuation adheres to the current market rate then this option can be selected.
  • BOM Yield Percentage
Enter the yield of the stock from the Bill Of Material in percentage form.
  • MRP Percentage
Specify the Material requirements planning level percentage with respect to the available stock.        

Contents

Revisions

Revision Differences

May 21, 2015 @ 13:29:23Current Revision
Content
Unchanged: Item OU - stock handles the maintenance of stock activities related to the item.Unchanged: Item OU - stock handles the maintenance of stock activities related to the item.
Unchanged: <a href="http:// help.goodbookserp.com/wp- content/uploads/2015/05/io- stck.jpg"><img class="alignnone size-full wp-image-3698" src="http://help.goodbookserp.com/ wp-content/uploads/2015/05/ io-stck.jpg" alt="io-stck" width="1313" height="232" /></a>Unchanged: <a href="http:// help.goodbookserp.com/wp- content/uploads/2015/05/io- stck.jpg"><img class="alignnone size-full wp-image-3698" src="http://help.goodbookserp.com/ wp-content/uploads/2015/05/ io-stck.jpg" alt="io-stck" width="1313" height="232" /></a>
Unchanged: <strong>Fields &amp; its description:</strong>Unchanged: <strong>Fields &amp; its description:</strong>
Unchanged: <ul>Unchanged: <ul>
Unchanged: <li><strong>Stock Maintenance</ strong></li>Unchanged: <li><strong>Stock Maintenance</ strong></li>
Unchanged: </ul>Unchanged: </ul>
Unchanged: If stock  maintenance is applicable for this item then indicate as such in this screen.Unchanged: If stock  maintenance is applicable for this item then indicate as such in this screen.
Unchanged: <ul>Unchanged: <ul>
Unchanged: <li><strong>Bin Tracking Required</strong></li>Unchanged: <li><strong>Bin Tracking Required</strong></li>
Unchanged: </ul>Unchanged: </ul>
Unchanged: The location of the item kept can be tracked using bin tracking. Bin may refer to  shelves, drawers, containers, etc.Unchanged: The location of the item kept can be tracked using bin tracking. Bin may refer to  shelves, drawers, containers, etc.
Unchanged: <ul>Unchanged: <ul>
Unchanged: <li> <strong>Unique Number</strong></li>Unchanged: <li> <strong>Unique Number</strong></li>
Unchanged: </ul>Unchanged: </ul>
Unchanged: If a batch stock is kept, then there is a possibility that some batches might require unique identification. Choose accordingly.Unchanged: If a batch stock is kept, then there is a possibility that some batches might require unique identification. Choose accordingly.
Unchanged: <ul>Unchanged: <ul>
Unchanged: <li><strong>Stock Valuation Type</strong></li>Unchanged: <li><strong>Stock Valuation Type</strong></li>
Unchanged: </ul>Unchanged: </ul>
Unchanged: Stock valuation of items can be based on multiple criteria. Some of the commonly used methods are:Unchanged: Stock valuation of items can be based on multiple criteria. Some of the commonly used methods are:
Unchanged: <em>FIFO – </em>Refers to First-In First-Out where the stock is valuated based on the fact that inventory that is manufactured first is usually sold first.Unchanged: <em>FIFO – </em>Refers to First-In First-Out where the stock is valuated based on the fact that inventory that is manufactured first is usually sold first.
Unchanged: <em>LIFO – </em>Last-In First-Out is the opposite of FIFO i.e. the most recently manufactured item is sold first.Unchanged: <em>LIFO – </em>Last-In First-Out is the opposite of FIFO i.e. the most recently manufactured item is sold first.
Unchanged: <em>Weighted Average – </em>This is calculated by dividing the cost of goods available for sale by the number of units available. This method can be used when inventory is intermingled and commoditized.Unchanged: <em>Weighted Average – </em>This is calculated by dividing the cost of goods available for sale by the number of units available. This method can be used when inventory is intermingled and commoditized.
Unchanged: <em>Last Purchase Rate –  </em>The cost is decided based on the last purchase rate of the item.Unchanged: <em>Last Purchase Rate –  </em>The cost is decided based on the last purchase rate of the item.
Unchanged: <em>Market Rate – </em>If valuation adheres to the current market rate then this option can be selected.Unchanged: <em>Market Rate – </em>If valuation adheres to the current market rate then this option can be selected.
Unchanged: <ul>Unchanged: <ul>
Unchanged: <li><strong>BOM Yield Percentage</strong></li>Unchanged: <li><strong>BOM Yield Percentage</strong></li>
Unchanged: </ul>Unchanged: </ul>
Unchanged: Enter the yield of the stock from the Bill Of Material in percentage form.Unchanged: Enter the yield of the stock from the Bill Of Material in percentage form.
 Added: <ul>
 Added: <li><strong>MRP Percentage</strong></li>
 Added: </ul>
 Added: Specify the Material requirements planning level percentage with respect to the available stock.
Unchanged: &nbsp;Unchanged: &nbsp;
Unchanged: &nbsp;Unchanged: &nbsp;
Unchanged: &nbsp;Unchanged: &nbsp;
Unchanged: &nbsp;Unchanged: &nbsp;

Note: Spaces may be added to comparison text to allow better line wrapping.

Translate »