MB-330

Items used in consignment must be associated with a tracking dimension group in which the Owner dimension is active. The Owner dimension separates the inventory the vendor owns from the inventory the legal entity owns, so the same item can be held as company-owned or as consignment stock. The second action is to assign a standard cost inventory model in the item model group. With standard cost, the item's value is fixed in advance, so when the inventory ownership change journal takes consignment stock over from the vendor, the receipt into company-owned inventory is valued at a known cost. The batch dimension tracks lots and has nothing to do with ownership.

A purchase agreement is a commitment with a vendor to buy a quantity or value of products. It does not give customers a discount. Quantity-tiered discounts for customers, such as 10% for 51 to 100 units and 15% for 101 or more, are set up as line discount trade agreements, which define quantity ranges (From and To).

A sales agreement is a commitment by a customer to buy a total quantity or value over a period, in exchange for a fixed price or discount on the agreement line. It does not define discounts that change with quantity ranges for each order. Tiered discounts by quantity range are configured as line discount trade agreements.

Trade agreements (line discount journals) let you define discount percentages for an item and a customer or customer group, with From and To quantity ranges. You can create one line for 51 to 100 units at 10% and another for 101 units and more at 15%, which is exactly the requirement. Purchase and sales agreements are commitments, not quantity-tiered discount rules.

FIFO (first in, first out) assumes that the first items received are the first items issued, which matches how perishable or limited shelf-life goods physically move. Standard cost and weighted average value inventory at a fixed or averaged cost and do not reflect the age of stock. Specific identification links costs to individual units and is typically used for unique, high-value items.

The Accrue liability on product receipt option in the item model group controls whether a product receipt posts inventory and accrued liability vouchers to the ledger. When it is cleared, no ledger transactions are created at product receipt, so you must select it. Include physical value only controls whether physical (not yet invoiced) transactions are included in the running average cost calculation. It does not control ledger posting of receipts.

In service management, you can apply only one template BOM to a service object. You can modify or delete the lines of a template BOM only while it is not attached to a service object. After it is attached, you can change only the local version of the BOM, which is the service BOM. That rules out applying many templates and editing the template freely after it is attached.

The Consolidate strategy finds locations where similar items are already stored, so put-away places the items together with matching stock. Match packing quantity looks for a pick location that holds the packing quantity needed. Location aging FIFO and LIFO pick from locations based on the age of the inventory (oldest or newest first) and do not group similar items.

A quarantine order has the status Created when it has been created but the item has not yet been placed in the quarantine warehouse. At Started, the inventory has already been transferred from the regular warehouse to the quarantine warehouse. Reported as finished means the item is released from quarantine but not yet moved back, and Ended means it has moved back to the regular warehouse.

With an inventory adjustment journal you can add cost when you add inventory, and the extra cost is posted automatically to the general ledger account defined by the item group posting profile, so the statement is correct. A movement journal also lets you add cost, but you must allocate it manually by specifying a ledger offset account. Transfer journals move items without cost implications, and tag counting journals only assign tags to count lots.

An inventory adjustment journal posts the cost automatically to the account defined by the item group posting profile, so the item keeps its default ledger offset account and the posting setup is not overridden. To override the default posting accounts, use a movement journal, where you specify the ledger offset account yourself.

A counting journal reconciles registered on-hand inventory with a physical count and posts the differences using the default posting setup; it does not let you override the item posting accounts. A movement journal is the journal type used to overwrite the default posting accounts by specifying a ledger offset account.

A movement journal lets you adjust inventory and add cost, and you specify a general ledger offset account when you create the journal. This journal type is intended for cases where you want to overwrite the default posting accounts from the item posting setup.

Counting journals let users post the actual physical count against the registered on-hand inventory and make the adjustments needed to reconcile the differences. Movement journals adjust inventory with a manual offset account but do not compare against a count. Item arrival and production input journals register receipts from purchase and production orders.

Trade agreements hold negotiated prices and discounts (line, multiline and total discounts) with From date and To date fields, so a discount journal line valid for six months is applied automatically to orders between the two legal entities and stops when the period ends. Sales and purchase agreements are commitments to buy or sell a quantity or value over a period, not the mechanism that drives automatic price and discount search. Service agreements belong to service management and do not control item discounts.

On the General tab of a royalty agreement, the Accrual account and Expense account fields specify the accounts that receive accrued amounts between claim approval and processing: the Cumulate action credits the royalty accrual account and debits the interim accrued royalty expense account. Accounts receivable is not used because royalties are payables to the licensor, and inventory accounts are not part of royalty posting.

The Cumulate sales by field sets the period over which the royalty amount is calculated from cumulative sales, such as a month; to calculate the royalty every time a sales order line is invoiced, you select Invoice. The royalty claim is created when the sales order is invoiced. Fulfilled, Active and Shipped are not values of this field.

When a quotation was created for a prospect, you open the quotation and select Follow up > Convert to customer. This creates a new customer account for the prospect on the quotation. You then select Follow up > Confirm on the quotation, and confirming it creates the sales order. The action is called Convert to customer, not Create customer from lead. You confirm the quotation because the sales order does not exist until the quotation is confirmed.