![]() ![]() SAP Business One allows you to perform this stocktaking function while orders are being received and shipped. Bin locations are defined by a code which consists of the warehouse and sublevel code (an example can be seen below).Ĭycle counts will have to be performed periodically to ensure that the actual physical stock on-hand in the warehouse matches that in SAP Business One. The sublevel represents an aisle, a zone, an area or a shelf in the warehouse. You can define up to 4 sublevels within each warehouse. SAP Business One has a multi-bin functionality, allowing you to manage inventory by its bin location in the warehouse. With the warehouses in SAP Business One, this knowledge is accessible any time you need it, allowing you to make better decisions when fulfilling customer’s orders or forecasting your future purchases. When you have inventory in stock, you may need to know at any point in time which items you have, how many of them there are and where they are located. They are the key building blocks of the company’s database. Warehouses in SAP Business One denotes physical or virtual locations, such as to represent major vendors on a consignment basis, or to represent items in transport and such. ![]() You may change the valuation methods for existing items so long as there is zero quantity on hand and no open documents exist for the item. The valuation method you choose will serve as the default for new item groups added to the inventory system. SAP Business One has four valuation methods options available: This will help the system determine what the Cost of Goods Sold actually is, letting you accurately define prices and item discounts. Features of the Inventory and Warehouse Management Module Valuation Methodsīefore using the inventory management module in SAP Business One, you will have to select the best valuation method which is appropriate for your business. The module also supports multiple unit types which allows you to purchase or sell your inventory in different units. It provides reliable information about inbound and outbound shipments and keeps track of product inventory, quantity at each warehouse, item movement history and stock status. This inventory and warehouse management feature helps streamline inventory and production management processes, allowing inventory quantity levels and monetary value to be updated automatically with every transaction added. With SAP Business One, you will be able to manage your warehouse more easily and track inventory data in real-time. SAP Business One is an Enterprise Resource Planning (ERP) solution that is specially designed for SMEs to run faster and simpler. ![]()
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