Tuesday, June 23, 2020

Inventory Module (Item Master Data)

SAP Business One allows the user to store the details of all Items and Services that the organization either purchases, sells, or stores in the inventory using the item master data. You use the item master data to add, update, search, and maintain item data.  The concept of using an item master is to avoid human errors, save time, and eliminate repetition of data. The tabs that are present in the item master data are: -

 

 

·       General Tab: - This tab includes general details relating to the item, that are relevant to all item types. Example, shipping type, remarks….

·       Purchasing Tab: - This tab contains all purchase-related information for an item. It is in this tab that we define how the item is purchased, i.e. the minimum quantity, unit of measure and preferred vendor for the item.

·       Sales Tab: - In this tab all sales-relates information for an item is stored. Sales unit of measure, items per sales, item dimensions are some of the examples of the data captured in this tab.

·       Inventory Tab: - This is the tab where information regarding warehouses are stored and defined. You get a detailed view of your inventory status of the selected item. The detailed view of your inventory status includes ordered quantity, In-stock quantity, committed quantity (the quantity you have promised your customers) and available quantity (In-stock + ordered – committed = available qty).

·       Planning Data Tab: - This tab holds all information related to MRP and production. Example, planning method, procurement method, Order multiple……

·       Properties Tab: - Properties tab is where you define any extra characteristics that belong to the item, which has not been defined anywhere else. Example, if your item is a mobile, its unique colour or its internal specification can be stored as the item’s property.

Attachments Tab: - You can store any extra information specific to the item as attachments in this tab. Example, a file containing the user manual of the item can be stored. 

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