Module Overview:
There are several areas of setup to consider when implementing the Stock module:
Grid Management:
You will need to ensure that certain fields are available for purchasers to use for ordering stock. Navigate to Grid Management and unhide the Line Code field under Purchase Order Detail, Voucher Detail, and Voucher PO Line List.
Control Parameters:
Stock
ParameterName | Description | ValidValues |
|---|---|---|
Non Stock Job Type | The Job Type Code used to designate Non Stock Jobs (Non Stock Locations). | <JobTypeCode> |
Stock Cost Method | Determines the Cost method used for stock issues, stock valuations and quoting. | Standard, Average*, Last, Period Average |
Stock Job Type | The Job Type Code used to designate Stock jobs. It must be specified if stock is being used. | {Job Type Code} |
| Allow Negative Qty Stock | If set to Yes, then will allow quantity for a Stocked stock item to be issued even if the resulting quantity will be negative. | |
| Stock Purchase Clearing Activity | The activity code used for posting to the Stock Purchase Clearing account in the GL. | <ActivityCode> |
| Stock Purchase Variance Activity | The activity code used for posting to the Stock Purchase Variance account in the GL. | <ActivityCode> |
*The Stock Average Cost calculation includes value and quantity of stock issues, returns, inwards goods, adjustments and transfers.
Purchasing
ParameterName | Description | ValidValues |
|---|---|---|
Auto receipt with APInvoce | if set to Yes, Auto Create Inwards Lines, if No, only Create Inwards Lines if JobCode = StockJobCode | |
Receipt more than To Receipt | if set to Yes, Procurement may accept a Receipt amount larger than what is required to Receipt | Yes, No |
Quoting
ParameterName | Description | ValidValues |
|---|---|---|
Quote Non Stock Cost Method | Determines which unit cost rate is used when quoting non-stock items. | Standard, Last |
The following child pages will need to be set up prior to using the Stock module:
Child Pages: