Need a help on stocking type and line type in item master setup

Reddy_240

Reddy_240

Active Member
Hi All,

I need to define item master for the below specific requirement

1) Item does not have any cost or price (No purchase order, no sales order and no where money is involved )
2) Items are received & issued by stores
3) Item movement(Quantities) should be captured in all the times (while issuing and receiving)

for the above, i have defined stocking type as 'P' Purchased item and Line type as 'N', if i choose line type as 'N'(Non-stock), i can not capture item details just like other stock items (In Item Ledger). if i choose line type as 'S' ,i am not very sure of financial impact it would create.
i have not tried inventory issue & transfer.
Need a help defining stocking type, line type,GL Class code and item cost during item definition.

Thanks in advance.

Sudhakar
 
Hi there!

Option 1)
You can create a new line type, based on line type "S" (i.e. take a copy)

In line type constants setup, turn off G/L, A/R and A/P interface

Option 2)
is to use the normal "S" line type but do not enter any costs or prices for an item

If a sales order does not have a price, it will not create any entries n A/R and G/L

If a purchase order does not have a cost, it does not need to be matched against supplier invoice


I would recommend option 1 though

Hope this helps
/Aarto
 
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