Livre BOB - Chapter 10 Inventory and warehouse management Flashcards
A good receipts is required in two scenarios?
Arrival of materials from a purchase order
Finished product for a production need to be put away in the warehouse
A good issue is required in two scenarios?
Materials from inventory are needed for a production order
Materials for a sales order need to be shipped to a customer
A transfer posting is required in two scenarios?
Materials on consignment are now needed
A material in stock type “Quality Inspection” is now cleared for use
True or False? One step transfer results in the creation of one material document with two line items
True
True or False?
Two step stock transfer results in the creation of two material documents each with one line item.
True
What is an advantage of a two-step stock transfer procedure over one-step procedure?
A two step procedure can be manage with authorization. This means the issuing a receiving party only have authorization in their own plants
After the first step of a two-step procedure, at which location can the material be found?
The material appears in transfer in the receiving location because it has not yet been physically received.
If the valuation occurs during a two-step procedure, at which step does the valuation take place?
At the time of goods issue
Will an accounting document be generated for a stock transfer?
An accounting document will be created any time there is a change in valuation. This is true for all plant-to-plant and company code-to company code code stock transfers.
Valuation does not generally occur for a storage location to storage location stock transfer
If valuation takes place during a stock transfer, when is the accounting document generated?
Time of good issue
Two step = during the first step
One step= it occurs during the only step
When does an accounting document occur for SL to SL stock transfer?
When the material is split-valuated. ( when the same material is different in each SL)
True or False: During a one-step SL to SL stock transfer, the material can be issued from any stock type and received into any stock type.
True = A one step stock transfer between two SL location within the same plant can be issued and received from any stock type into any stock type.
True or False:
Context: SL to SL stock transfer
A material is unrestricted stock from the origin can be moved to unrestricted stock at the destination.
True
Describe the financial accounting impacts of a company code to a ccode stock transfer.
2 accounting documents are created ( because 2ccodes) at the time of goods issue.
Give an example of when a stock transport order would be used and why.
Planning to move stock from one plant to another.
+
Want to include additional costs such as freight chages associated with this move.
It is MRP relevan, Inspection can be planned Can be received in any type of stock. Receipts can be planned Material can be entered as a consumable
When a Stock Transport is used for the purposes of a stock transfer, what is the restriction on the issuing plant?
+
Where do the materials appear after the posting of the goods issue?
Though the material can be received into any stock type at the receiving plant, the issuing plant must issue the materials out of unrestricted use stock.
Upon posting the goods issue, the materials appear in transit in the receiving plant’s inventory.
Accounting document is also generated at the time of the goods issue.
How is inventory management integrated with wh management
A wh number is assigned to a plant/storage location combination.
Is a goods issue posting part of inventory management or wh management?
It is part of inventory management
Is the execution of a transfer order part of inventory management or wh
It is part of wh management.
Which field in a goods movement transaction defines the purpose of the goods movement
The movement type
True or false:
Context
WH Management
Multiple Plant/Storage location combinations can be assigned to a single warehouse number.
True
Which document is required to perform logistics executions steps in WH Management?
Transfer Order
Which document is required to perform wh tasks in extended WH?
Delivery Order
What is the structure of the warehouse number in WH Management?
Storage type - Storage Section - Bin
Which of the following is not an additional feature of extended WH management?
Bin Management Yard Management Cross-Docking Wave management Slotting
Bin management
Explain difference between centralized and decentralized WH.
Centralized = same machine for ERP system + WM system
Decentralized = different machine for WM system + ERP system
