| | MAUC by Item and Warehouse Valuation Group (whina1634m000)Use this session to view cost details and
transactions of the inventory line selected in the MAUC by Item and Warehouse Valuation Group (whina1534m000) session. Item In LN,
the raw materials, subassemblies, finished products, and tools that can be
purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit,
or exist in multiple product variants. You can also define nonphysical items, which are not held
in inventory but can be used to post costs or to invoice services to customers.
The following are examples of nonphysical items: - Cost items (for example, electricity)
- Service items
- Subcontracting services
- List items (menus/options)
Warehouse Valuation Group An entity that is used to group warehouses for inventory
valuation purposes. To define a warehouse valuation group, you must link a
warehouse valuation group code to the warehouses that you want to include in
the warehouse valuation group. Warehouse valuation groups and item valuation
groups are linked, for example, to inventory valuation methods to valuate the
item-warehouse combinations included in the warehouse and item valuation
groups. Inventory The total inventory for all warehouses in the warehouse
valuation group that have inventory valuation as Valuation by Warehouse Valuation Group for the
item. Inventory The unit of measure in which the inventory of an item is
recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure
conversions, especially for conversions that concern the order unit and the
price unit on a purchase order or a sales order. These conversions always use
the inventory unit as the base unit. An inventory unit therefore applies to all
item types, also to item types that cannot be kept in stock. | |