Tuesday 16 December 2014

What Happens During a Goods Issue?


The Goods Issue (GI) results in a reduction in the stock quantity/value. The GI can be Planned (via sales order, production order, return delivery, delivery for internal, use etc.) or Unplanned (drawing a stock for a sample, scrapping, etc.).
The GI results in:
􀂃 Creation of a Material/Accounting document
􀂃 Update of Reservation for the issue (if any)
􀂃 Update of GL accounts
􀂃 Update of points of consumption if applicable (cost center, project, etc.)
􀂃 Update of Stock quantity



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