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Find out how to create a new Warehouse

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Navigating to Warehouses

Info

Finance Application > Inventory Management > Manage WarehousesFINANCE APPLICATION > INVENTORY MANAGEMENT > MANAGE WAREHOUSES

Explaining Warehouses Fields

Name

Description

Type*The type of the Warehouse. A warehouse type can be selected just once on warehouses per each owned by group
Name*The name of the warehouse
Alternative Code*An alternative code for the warehouse
DescriptionA description of the warehouse
Owned by Group*The group that owns the warehouse since warehouse is an entity with Explicit Viewing Access
Privacy Level*The warehouse's privacy level since warehouses is an entity with Explicit Viewing Access
Stock Balance

It provides the running stock balance of physical goods which are kept in the specific warehouses. The information is calculated dynamically based on warehouse transactions and consist of the following:

  • Product & Product Type
  • Quantity

Creating & Saving, Validations & Restrictions

ActionValidations
Create
  • Multiple warehouses can be created, but each one should have a unique name and alternative code.
  • Each warehouse should also have a unique warehouse type per each owner group, meaning that each group should own only one warehouse of each warehouse type. 
Save
  • Mandatory Fields:
    • Type
    • Name
    • Alternative Code
    • Owned by Group
    • Privacy Level

Creating an Accounts Receivable 

  1. Search using the criteria available in the summary page
  2. From the top menu click on the New to open the Warehouses data entry page
  3. MAIN INFORMATION

    1. Provide the required information
      1. Type
      2. Name
      3. Alternative Code
      4. Owned By Group: Search and select a Group that owns the warehouse since warehouse is an entity with Explicit Viewing Access Entities
      5. Description
    2. View information regarding Warehouse's Privacy Level
      Creating Warehouses - Main Information
  4. BALANCES

    Info

    View the running stock balance of physical goods which are kept in the specific warehouse. Stock balance is calculated dynamically based on warehouse stock transactions. Click on the product name to view more information about the product, such as the composition, characteristics and validity. Click on the quantity number to view all the warehouse transactions that resulted to this balance. Click on the included in bundles number to view the stock of this product across each bundle.

    For more information regarding physical good bundles visit Using Warehouse Transactions to import Bundle Physical Goods

    Creating Warehouses - Balances

    Info

    How is the warehouse's stock balance calculated?

    Stock Balance = Number of items added through a stock in transaction + number of items added through a stock movement transaction (using the specific warehouse as the to warehouse) - number of items removed through a stock out transaction - number of items removed through stock movement transaction (using the specific warehouse as the from warehouse)

  5. ATTACHMENTS

    1. Include Page
      Attachments - Global
      Attachments - Global


  6. LOG INFORMATION

    The following information is automatically set by the system on saving the Warehouses

    1. Include Page
      Log Information - Global
      Log Information - Global


  7. From the Action Menu click on Save

System Processing

N/A

 

Note

Visit Understanding Inventory Management for business examples related to Creating Warehouses

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