Stock Types

Used in the determination of available stock of a material, the Stock Type is the subdivision of inventory at a storage location based on the use of that inventory. In SAP, there are many kinds of stock types: Valuated Stocks are the stocks which belongs to your company. There are three types of valuated stocks

Unrestricted Stock is the physical stock that is always available at a plant/storage location Quality Inspection Stock is not counted for unrestricted use and may be made available for MRP. To give an example, you want to do inspection on arrival, you shift your stock to Quality inspection stock then you do the quality inspection Blocked stock is not counted as unrestricted stock and is not available for MRP.

Non Valuated stock is the stock which you will keep in your premised and this is not valuated in your company

The GR-blocked stock denotes all the stock accepted conditionally from the vendors. This stock is not considered available for unrestricted use. You will use the Movement Type 103 for the GR-blocked stock and Movement Type 101 is used for a normal GR.

Special stock is the stock managed separately that does not belong to company or that are stored at particular location

Consignment in SAP SD
4 Sales And Distribution In SAP consignment is one the special procurement type. Under consignment when goods are procured from the vendor, these are physically stored in companys premises but these goods are not the property of the company. These goods still belong to the supplier. This is the nature of ownership of the stocks which differentiate it from companys other stock. All this stock is widely known as consignment stock in SAP. Here it also important to high light that consignment stock in Material Management is totally different from the consignment stock in Sales and Distribution. In MM, vendor goods are stored at companys premises whereas in SD company goods are stored at customers premises. Customer Consignment:

In SD, it is known as Customer Consignment. Since these special stocks are located at customer premises and not at company own premises hence, these are managed at plant level and not at storage location level. Vendor Consignment: In Material Management it is widely known as Vendor consignment. Since these special stocks are located at companys premises hence, these are managed at storage location level. It is not the valuated stock. Ownership of Goods: In consignment processing, the vendor remains the legal owner of the material until materials is not withdrawn from the consignment stores or it is not transferred to companys own stock. Once it is withdrawn or transferred to companys own stock, the ownership also got transferred to the tune of quantity withdrawn or transferred. Allocation of stock: Like standard material, a vendor consignment material can also be allocated to one of three stock types:

Unrestricted-use stock Quality inspection stock Blocked stock

This stock can be transferred by means of transfer postings from one stock type to any other stock types. But withdrawals are only possible from unrestricted stock type. When the material is withdrawn from the unrestricted stock types it is valuated at the price of the respective vendor. Consignment Liabilities: In the standard SAP, consignment liabilities arise in the case of withdrawals from consignment stock or when consignment stock is transferred to own stock. Depending on the settings for the posting rules for the transaction/event key (KON), it is possible to work with or without account modification. Necessary configuration setting is required in SPRO under automatic posting for transaction/event key for Consignment payables (KON). This setting will be a combination of General Modification, valuation class and General Ledger account. In subsequent articles, you will find more details on the topic realted to procurement of consignment materials, maintenance of consignment stock, withdrawal and transfer from consignment stock. consignment settlement and intimation to the consignment vendor regarding these settlement.

Automatic Account Assignment in SAP SD

3 Sales And Distribution During goods issue in the sales cycle, the system is usually configured to update the relevant GL accounts automatically and to create the relevant accounting documents. This customization in IMG is also called material account assignment and is achieved through a number of steps as detailed below: 1. Determine valuation level (Company Code or plant). 2. Activate valuation grouping code and link it with the chart of accounts for each valuation area. 3. Link valuation class with material type (FERT, HAWA, HALB, etc.) with the account category reference (combination of valuation classes). 4. Maintain account modification codes for movement types. 5. Link account modification codes with process keys (transaction/event keys). 6. Maintain a GL account for a given combination of chart of accounts+ valuation grouping code + account modification code + valuation classes. The process of Automatic Account Determination is as follows: 1. Depending on the plant entered during goods issue (GI), the Company Code is determined by the system which in turn determines the relevant Chart of Accounts. 2. The plant thus entered in goods issue determines the valuation class and then the valuation grouping code. 3. The valuation class is determined from the material master. 4. Since the account modification code is assigned to a process key which is already linked to a movement type, the transaction key (DIF, GBB, AUM, BSX, etc.) determines the GL account as posting transactions are predefined for each movement type in inventory management.

A Great List of SAP Financials End-User Manuals

10 Accounts Payable, Accounts Receivable, Bank Accounting, New General Ledger In this post, i will provide you the end-user materials which i had downloaded in very earlier times i have come to know SAP and benefited from them to ease and understand processes better. End-user manuals are very handy with screen shots and accompanying descriptions under each steps. You can explore more about SAP End-User Manuals and know exactly its functionality.

SAP FI Accounts Payable End-User Manuals

If you are new to this sub-module, you should surely check the Accounts Payable Manual which is very descriptive for beginners. Below are the end-user manuals you will find in this package;

Adjust Advance against Bank Guarantee Adjustment of Advance against Bank Guarantee Advance against Salary-Traveling-GPF-Loans Advance Payment With Reference to PO Block or unblock vendor Carry forward of vendor balances Change Tax Rate after Invoice Posted Cheque with Alternative Payee-A Cheque with Alternative Payee-B Create vendor Foreign Currency Payments Full Adjustment of Advance and its Clearing Late Delivery Charges Maintain Exchange Rates Park Vendors Invoice Partial Adjustment of Advance Partial Payment of Invoice Post Bank Guarantee Against Advance From Vendor Post Vendors Invoice Processing of Time Barred Cheque Re-Issuance of Cheque-A Re-Issuance of Cheque-B Reversal of invoice Staff reimbursement through cheque-A Staff reimbursement through cheque-B Staff reimbursements through cheque Stop Payment with Cancellation of Invoice Stop payment without cancellation of invoice Vendor or customer reconciliation Withholding Tax Splitting Change vendor master data

Download SAP Accounts Payable End-User Manuals

SAP FI Accounts Receivable End-User Manuals

Just similar to Accounts payable manual link i provided above, this Accounts Receivable Manual is also a must for beginners.Below are the end-user manuals enclosed in package;

Customer Invoice

Carry Forward of Customer Balances Change Customer Data Create Master Data Customer Credit Memo Customer Invoice-Scrap Sale Customer Security Deposit Down Payment Advance from Customers Down Payment Clearing Guarantee From Customer Joint Settlement of Customer and Vendor Invoices Partial Payment Reversal-Encashment of Bank Guarantee Unblock Customer Master Data Block Customer Master Data

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SAP FI Bank Accounting End-User Manuals

Besides the end-uyser manuals below, it would be also useful for you to check other Bank Accounting Manual which explains bank transactions and activities

Change bank key master data Create Account ID Create Bank Master Data-Bank Key Create House Bank Daily Closing of Cash Journal Deposit of Cash Collection Flag Bank Key For Deletion Issuance of Temporary Advance from Petty Cash Issuance of Travelling Advance from Petty Cash 0Petty Cash Receipts Post Processing of Bank Statement Reimbursement of Expenses From Petty Cash Remove deletion flag from bank key Replenishment Invoice Replenishment Of Petty Cash Upload of Bank Statement

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SAP FI General Ledger End-User Manuals

And finally find below General ledger related end-user manuals

Balance Carry Forward

Block General Ledger Master Data Change General Ledger Master Data Create General Ledger Master Data Display General Ledger Master Data General Ledger Clearing Month End Accruals Non-Routine Adjustments Open and Close Posting Periods Sample Document Unblock General Ledger Master Data