Inventory prerequisite set up
Before you set up Inventory Control, you must perform some
prerequisite setup in other solutions.
These solutions regularly interface with and affect Inventory Control. For setup instructions, see the Financials Setup and Administration Guide.
- Currency
Define currencies and exchange rates.
- Global Ledger
Define your global ledger accounting structure, company, dimensions, system interface and closing options, and intercompany relationships.
- Payables
Define your vendor groups, vendor classes, pay groups, payables company, process levels, and vendors.
- Requisitions
Define requesting locations and requesters.
- Tax
Define your tax company, tax codes, and tax rates.
- Warehouse
Define the shipment processing steps in Process Types, and your shipping methods.
- Purchasing
Define procurement groups, purchasing companies, ship terms, and purchasing vendors.