Wednesday, June 24, 2020

Inventory Module Functions

SAP Business One provides various other functions excluding the item mater data in the inventory module and we will be looking in detail how these other functions might add value to our business.

 

 

·       Barcodes: - The inventory module has a provision for barcoding your inventory items. Barcoding serves as a tool for quick identification. They make inventory tracking, invoicing, and servicing a lot easier.

·       Document Printing: - This window is used to print batches of documents base on the selection criteria. You have the option of printing out a specific document or the entire list. Example, you can print out all the A/R invoices dated form 12th march to 15th April in one fell swoop.

·       Bin Locations: - Bin Locations are descriptions or markings given to each and every storage space in your warehouse in order to track your inventory with ease. It is with the help of these Bin Locations that the system devises an optimal path to pick the necessary items called the Pick List. SAP Business One enables you to set up Bin locations function for individual warehouses.

·       Item Management: - It is this window that lets you manage your items with serial numbers and batches. A serial number is a unique identification mark given to an item. The serial number is used for tracking down an item and provides additional information such as manufacturing date, expiry date and so on. Batch numbers are used to track groups of items that come in large quantities be which have similar characteristics. A few examples for items processed in batches are medicines, milk, and baked goods.

·       Price lists: - SAP Business One gives the user the flexibility of offering customised prices to different customers via price lists. SAP Business one provides ten different price list for the user to define. They are fairly easy to create and can be easily edited according to the user’s requirements.


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