Interchange Material Many To One

Implementation Updated by Implementation

What is Interchange Material Many To One?

Interchange Material Many to one is a transfer posting, It is used when user wants to transfer material quantity from one material to another material and from one Location to another location or different location depends upon user. After, this step quantity decreased in from first location and increase in to transfer location to selected material stock.

Overview

A transfer posting Interchange material many to one results in the material transferred quantity being managed under different locations.The transferred quantity is deducted from last Material number's stock and addition in latest material inventory to another location. other transaction remains same such as sale, purchase and consumption.

Use cases

Suppose that there is a company U P Chemicals Pvt. Ltd. that dealing with different kinds of chemicals from different locations.With this feature they can easily transfer material from one location to another location with in one click. this transfer posting feature made transfer easy and convenient with transfer entry. It also helps them to manage smooth flow of transactions with in the organisation.

Steps to be performed for Interchange Material Many To One

1. Go to Material Management.

2. Now, click on inventory.

3. Click on Interchange material as highlighted as below.

4. To save document series click on set series.

5. Following screen will open. Enter details as shown below.

6. Click on save and continue.

7. Screen will appear like this.

8. Select Posting Date > Select From Material > Select To Material information will appear like this.

9. Enter Remarks as required.

10. Enter consume quantity and produced quantity > Select Location as required.

11. Click on save and continue.

12. Click on report to check all created document list.

13. Select dates and click on search.

14. Report will open and you can check complete information here.

15. To check inventory for that material click on stock report.

16. Select Material and click on search.

17. Report will open.

18. Click on Transaction detail and view detailed information with closing stock.

How did we do?

Interchange Material

Internal Requisition

Contact