What are the types of special stocks available ?
Subcontracting, consignement, pipeline, project, sales order, RTP, stock transfer, third party.
What are the types of info records ?
Standard, consignment,subcontracting & pipeline.
What is meant by consignment stock ?
The stock supplied by the vendor is in the companies premises with the company having no liability for the same. The liability for the company will only be affected when the goods are issued from the consignment stock for use.
What are the steps involved in consignment cycle ?
Create consignment info record with proper tax code, create Po with item category K, maintain output condition record for KONS, process GR, no invoice verification done, but settlement is done through MRKO transaction.
What is subcontracting cycle ?
The Po is created with item category L , the goods is transferred to subcontractor by 541 movement. for this movement note no accounting docs take place. When GR is done automatically, 543 movement takes place which take care of the consumption of components from stock.
How are the byproducts taken care of in subcontracting ?
You can add these by products in the BOM for the header matl.
What is meant by batches? How can the batches be searched ?
batch is a subdivision of your stock of a material having the same characteristics.
You can search batches using the standard search facility (match code, key F4) based on the naming convention of the batches or, if you use batch classification, based on the characteristics of the batches.
How are free items managed in a PO ?
you need to tick the tem as free in the PO. The price will be zero for such PO's.
What are the differences between release procedure with classification and release procedure without classification? When are they used ?
Release procedure with classification means the Purchase requsition can be released both at item level & at the header level. Release procedure with out classification can also be used for PR which is used for item level release only. all other external documents cannot be released with classification. The two procedures are mutually exclusive (that is to say, you must decide in favor of one of them only - you cannot use both).
Is it possible to have a release procedure without classification for a PO ?
No
Is it possible to have scales in a quotation ?
No
What is GR blocked stock? When it can be used ?
Whenever you are not sure about the quality of the product received, you can put in GR blocked stock.
How to give specifications for developments ?
We normally prepare a business requirement document in which we specify what is required. what field & tables have to be referred for the required development.
How to create PR or PO by MRP ?
The PR is created according to the safety stock mentioned for the material or can be triggered from a requirement . For creating a PO, you need to have the scheduling agreement in place .After the MRP is run the schedule lines are generated which are nothing but the PO.
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