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I have seen in v8 quants has been introduced. I have following scenario
1. Purchase of 10 Product A > receive shipment of 10 > system shows quant of 10 to stock.
2. sell of 2 product A > full picking delivered > system shows a quant with 2 quantity and to customer location & my stock quant reduced to 2 now it is 8.
what is the concept behind the quant?
Is there any document regarding quant ?
Quant indicates a specific stock quantity of the same product that entered your warehouse at a specific moment in time in one specific operation; in a single lot (batch) if lot tracking is enabled.
Let's give an example. You purchased 10 pieces a week ago, you received 6 pieces yesterday and today the remaining 4 pieces arrive. In this case, two quants will be created: 1 with 6 pieces, another one with 4 pieces. Should the batch with 4 pieces be linked to individual Lot (serial) numbers, the result will be 4 separate quants.
The Quants table stores the current state of stock (per location). It is updated each time a stock move is set to done and has 3 main impacts:
A quant optimizes the computation (e.g. quantity available), because a quant only contains information about the current stock (not the past or the future). The volume is smaller and doesn’t grow in time;
A quant will be used in FIFO, LIFO and FEFO costing, as we need to match the incoming and outgoing moves for a correct stock valuation;
A quant can also be used for upstream/downstream traceability and lot management; a quant contains the information about lots. Quant history displays a list of stock moves indicating the current stock level.
In case a quant has been reserved, you can see the related stock move in the Reserved for Move field. Quants can be split in order to reserve only the quantities needed.
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|Asked: 3/20/15, 3:06 AM|
|Seen: 2556 times|
|Last updated: 4/1/15, 5:46 AM|