| # Market Prices (whina1118m000) Use this session to view market prices or to enter a market price for a single item. Note Market prices that you enter manually, must be approved before they can be used. To enter market prices for multiple items, use the Enter Market Price by Item (whina1218m000) session. Related topics Inventory valuation Item In LN, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit, or exist in multiple product variants. You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items: Cost items (for example, electricity) Service items Subcontracting services List items (menus/options) Warehouse A place for storing goods. For each warehouse, you can enter address data and data relating to its type. Warehouse Valuation Group An entity that is used to group warehouses for inventory valuation purposes. To define a warehouse valuation group, you must link a warehouse valuation group code to the warehouses that you want to include in the warehouse valuation group. Warehouse valuation groups and item valuation groups are linked, for example, to inventory valuation methods to valuate the item-warehouse combinations included in the warehouse and item valuation groups. Market Price Market Price Date Date of the market price for the item/warehouse combination. Market Price The approved price of a purchase invoice, or a manually entered price. Currency The currency in which market price is expressed. Approved If this check box is selected, the market price was approved. Approved By The user who approved the market price. Actual Log Date The date that the market price was approved. Order Number Kind of Order A group of orders that are processed according to the same procedure (series of order steps = sessions). In addition, these orders share a number of other characteristics (return order y/n, collect order y/n, subcontracting order y/n, and so on). Order The order number. Order Line The warehousing order line number. If the order is generated by a package other than Warehousing, this number is the same as the original order line number. Order Line The sequence number of the warehousing order line. Warehouse A place for storing goods. For each warehouse, you can enter address data and data relating to its type. Receipt Line The sequence number assigned to every individual receipt of goods. Receipt Line The receipt line number. Payable Receipt Sequence The sequence number of the purchase payable receipt generated for the receipt and purchase order that created the inventory variance. Quantity The approved quantity. Quantity The unit of measure in which the inventory of an item is recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure conversions, especially for conversions that concern the order unit and the price unit on a purchase order or a sales order. These conversions always use the inventory unit as the base unit. An inventory unit therefore applies to all item types, also to item types that cannot be kept in stock. Print Market Prices Starts the Print Market Prices (whina1418m000) session. Enter Market Price by Item Starts the Enter Market Price by Item (whina1218m000) session. |