Aarto
Reputable Poster
Hi all!
A client wants to keep vendor owned inventory in stock and only pay then vendor when goods are shipped/invoiced to customer
The products need to be picked/packed together with other deliveries to same customer so cannot be set up as direct ship. However, we can hold the products in a different branch
Also, the client would like to hold the inventory with a cost as they require correct COGS accounting entries for the sales orders. The cost would be the same as supplier price against the vendor
I thought of using receipts routing to achieve this but the problem is that we cannot allow the inventory to go negative (The client uses average costing so negative inventory cannot be allowed and is turned of in all versions of P4205/P4312/P411x)
I would appreciate any tips and pointers on how to achieve this.
I was wondering if there is a "pay when paid" function for distribution or if we need to go for a customized solution.. like holding payments to supplier until goods are shipped (releasing tge quantity/amount by a custom UBE as products are shipped)
E1 9.0
/Aarto
A client wants to keep vendor owned inventory in stock and only pay then vendor when goods are shipped/invoiced to customer
The products need to be picked/packed together with other deliveries to same customer so cannot be set up as direct ship. However, we can hold the products in a different branch
Also, the client would like to hold the inventory with a cost as they require correct COGS accounting entries for the sales orders. The cost would be the same as supplier price against the vendor
I thought of using receipts routing to achieve this but the problem is that we cannot allow the inventory to go negative (The client uses average costing so negative inventory cannot be allowed and is turned of in all versions of P4205/P4312/P411x)
I would appreciate any tips and pointers on how to achieve this.
I was wondering if there is a "pay when paid" function for distribution or if we need to go for a customized solution.. like holding payments to supplier until goods are shipped (releasing tge quantity/amount by a custom UBE as products are shipped)
E1 9.0
/Aarto