Stock item valuation fundamentals - Revision history

Stefanseiler: /* Valuation of items leaving stock */

2023-12-20T12:19:01Z

Valuation of items leaving stock

← Older revision		Revision as of 12:19, 20 December 2023
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	=== Shipment due to customer order ===		=== Shipment due to customer order ===
	When ~~quantites~~ are ~~taken~~ out of stock at ~~any value other than the~~ current valuation of the ~~taken~~ shelve ~~contents, this has to reflect on~~ the valuation ~~of the other items. If the value is higher than the value of the effective value, the other items have to~~		When items are sent out as a customer order:

			* the item valuation is booked out of stock at its current valuation of the shelve content
			* an inventory account is reduced by the item valuation
			*

	=== Internal shipment (relocation) ===		=== Internal shipment (relocation) ===
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	* an inventory account is reduced by the item valuation		* an inventory account is reduced by the item valuation
	* the incurred loss is attributed to a cost center of the warehouse operation		* the incurred loss is attributed to a cost center of the warehouse operation

			=== Return shipment to supplier ===

			=== Putting items to trash ===

	== Valuation of newly added items ==		== Valuation of newly added items ==

Stefanseiler at 11:39, 20 December 2023

2023-12-20T11:39:22Z

← Older revision		Revision as of 11:39, 20 December 2023
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	== Valuation of items leaving stock ==		== Valuation of items leaving stock ==
			Items leaving the stock can be booked out of stock their <u>current valuation of the shelve contents taken</u>.

	=== ~~Regular leave event (shipment)~~ ===		=== Shipment due to customer order ===
	~~Items leaving the stock can be booked out of stock by the <u>moving average</u> or at their <u>current valuation of the shelve contents taken</u>.~~ When quantites are taken out of stock at any value other than the current valuation of the taken shelve contents, this has to reflect on the valuation of the other items. If the value is higher than the value of the effective value, the other items have to		When quantites are taken out of stock at any value other than the current valuation of the taken shelve contents, this has to reflect on the valuation of the other items. If the value is higher than the value of the effective value, the other items have to

	=== ~~Stocktaking leave~~ ===		=== Internal shipment (relocation) ===
			Whem items are sent out as shipments to another warehouse, there

			=== Internal shipment (for consumption) ===
			When items are sent out as shipments to an internal party for consumption:

			# the item valuation is booked out of stock at its current valuation of the shelve content
			# an inventory account is reduced by the item valuation
			# the receiving costcenter is charged:
			#* '''by value''' - the item value is changed to the receiving cost center as it was taken from stock
			#* '''by moving average''' - the moving average is charged to the receiving costcenter. This means that a profit or loss is incurred. For booking this profit/loss two options exist: '''(1) reflection to the inventory account''' - the loss/gain is compensated by the other items participating in the moving average (see [[Stock item valuation fundamentals#Moving average item grouping options\|moving average item grouping options]]) '''(2) booking''' - attribute the profit/loss to a cost center of the warehouse operation

			=== Missing items at stocktaking ===
			When items are found to be missing:

			* the item valuation is booked out of stock at its current valuation of the shelve content
			* an inventory account is reduced by the item valuation
			* the incurred loss is attributed to a cost center of the warehouse operation

	== Valuation of newly added items ==		== Valuation of newly added items ==

Stefanseiler: /* Valuation of items leaving stock */

2023-12-20T10:07:51Z

Valuation of items leaving stock

← Older revision		Revision as of 10:07, 20 December 2023
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	By default all contents ~~within a warehouse~~ are having an exact valuation history		{{Note\|By default all warehouse (shelve) contents are having an exact valuation history!}}

			Whenever items enter or leave stock, a valuation is attributed to them and added/deducted to/from an '''inventory account'''. The sum of all goods on all warehouses must at any time reflect the sum of all inventory accounts.

	== Valuation of items leaving stock ==		== Valuation of items leaving stock ==
	Items leaving the stock can be booked out of stock by the <u>moving average</u> or at their <u>current valuation of the shelve contents taken</u>.
			=== Regular leave event (shipment) ===
			Items leaving the stock can be booked out of stock by the <u>moving average</u> or at their <u>current valuation of the shelve contents taken</u>. When quantites are taken out of stock at any value other than the current valuation of the taken shelve contents, this has to reflect on the valuation of the other items. If the value is higher than the value of the effective value, the other items have to

			=== Stocktaking leave ===

	== Valuation of newly added items ==		== Valuation of newly added items ==
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	* booked as profit		* booked as profit
	* avoided by booking the new items with the value 0.		* avoided by booking the new items with the value 0.
	* avoided by lowering the value of other similar items on stock by the averaging in the value of the item, so that the quantity changes but the total stock valuation does not change. Similar items can be defined during stocktaking to be:		* avoided by lowering the value of other similar items on stock by the averaging in the value of the item, so that the quantity changes but the total stock valuation does not change.
	** exactly identical items (same article / same variant)
	** same article, same variant group (Standard variant / Special variant / Made2Measure-Variant)		== Moving average item grouping options ==
	** same article		The moving average price


			Similar items can be defined during stocktaking to be:
			* exactly identical items (same article / same variant)
			* same article
			*same article, same variant group (Standard variant / Special variant / Made2Measure-Variant)
			*

Stefanseiler: /* Two concepts: Moving average vs Exact item valuation */

2023-12-20T09:40:31Z

Two concepts: Moving average vs Exact item valuation

@@ Line 1: / Line 1: @@
-== Two concepts: Moving average vs Exact item valuation ==
+By default all contents within a warehouse are having an exact valuation history
-Valuation  new items
+== Valuation of newly added items ==
-Items on stock can be valued
+=== Items added through regular stock intake ===

Stefanseiler: Stefanseiler moved page Stock item valuation methods to Stock item valuation fundamentals without leaving a redirect

2023-12-20T08:56:07Z

Stefanseiler moved page Stock item valuation methods to Stock item valuation fundamentals without leaving a redirect

← Older revision	Revision as of 08:56, 20 December 2023
(No difference)

Stefanseiler: Created page with "== Two concepts: Moving average vs Exact item valuation == Valuation new items Items on stock can be valued"

2023-12-20T08:55:57Z

Created page with "== Two concepts: Moving average vs Exact item valuation == Valuation new items Items on stock can be valued"

New page

== Two concepts: Moving average vs Exact item valuation ==

Valuation new items

Items on stock can be valued