Can anybody tell me the difference between:
Material Issue and Material Receipt, if everything is to be done by Material Transfer
And if we do material issue then where to track the issued material
similarly, if we do material receipt then from where the material will come if there is no default source and target store
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Hi,
Material Issue :- when you remove respective item from your warehouse then material issue
will get select.
So in stock entry when you select purpose as âMaterial Issueâ then
you should select only âSource warehouseâ.
Material Receipt:- when you store respective item in your own ware house then âMaterial Receiptâ
will get select.
so in stock entry when you select purpose as âMaterial Receiptâ then
you should select only âTarget warehouseâ.
Material Transfer:- when you moving item from one warehouse to another warehouse then
âMaterial Transferâ purpose get select .
For Example:-
1.Suppose Source warehouse âAâ and Target warehouse âBâ
and if you want to move your goods from warehouse A to B then
you select Material Transfer.
âAâ warehouse is located in Pune and âBâ warehouse located in Bombay
then you can transfer goods.
2.If you want received stock without âPurchase orderâ and Purchase Receipt"
use âMaterial Receiptâ
3.Suppose Item= CD with qty=20 ,if you want 10 qty for internal purpose then you can
use âMaterial Issueâ.(Means these 10 qty get removed from your warehouse)
Shraddha Ranjane
New Indictrans Technologies Pvt. Ltd.
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Hi,
A follow up on previous post.
For Example:-
1.Suppose Source warehouse âAâ and Target warehouse âBâ
and if you want to move your goods from warehouse A to B then
you select Material Transfer.
âAâ warehouse is located in Pune and âBâ warehouse located in Bombay
then you can transfer goods.
Now to transfer to goods from Pune to Bombay, you have to pay letâs say 1000 Currency unit. And this has now to be accounted as the new valuation rate of the productsâŚ
How can we account for these additional charges into the valuation of the items when doing stock entry?
Thanks.
François
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