On a commodity manifest, you record both the quantity purchased and the quantity received into inventory. The individual purchases entered for each vendor on the manifest are combined and received as one quantity. The commodity manifest functionality manages these parallel purchase and receipt quantities.
Bins
When you create a commodity manifest, enter the warehouse bin into which the commodity item will be received. This should not be a storage bin, but rather a bin set up specifically for processing commodity receipts. Depending on how the location entered on the commodity manifest is set up, a receiving bin may be automatically assigned to the document.
You must also specify one or more bins on the Destination Bins FastTab. The bins you enter here are the bins in which you want to store the received commodity. For every bin you enter, record the quantity of the commodity to put away. The sum of the quantities assigned to destination bins must equal the total amount of the commodity being received on the manifest.
When you post a commodity manifest, the quantities on the manifest lines are received individually into the defined receiving bin. The program then automatically adjusts these receipts out of inventory and creates a positive adjustment for the sum of these quantities. This amount is then transferred from the receiving bin to the designated destination bins, according to the quantity specified for each bin.
The purchases entered into the receiving bin are all given an individual lot number. After these amounts are combined into a single quantity, the new entry is assigned a separate lot number. This lets you track each purchase separately from the combined receipt quantity and provides full traceability for the item.
Quantity adjustments
The quantity of a commodity received into inventory is not always identical to the quantity initially purchased from vendors. For example, if the commodity is a liquid, a portion may evaporate or be otherwise lost during transportation from the vendor location to a company facility. For commodity processing purposes, you must record both quantities: the receipt represents the amount physically on hand and available for production, while the purchase quantity is used to determine vendor payments.
When you set up a commodity manifest, record both the quantity received and the manifest quantity, that is, the quantity purchased. Enter the received quantity directly on the manifest header. Enter manifest quantities on the document lines. For each commodity line you create for a vendor, specify a manifest quantity. The sum of these values appears on the header as the total manifest quantity. The difference between the received and manifest quantities is displayed as an adjustment quantity.
Because the program initially receives the individual manifest quantities into a receiving bin, adjusts these quantities completely out of inventory, then creates a new positive entry for the total manifest quantity, it can perform Anywhere Mobility Solutions necessary quantity adjustments. While the single positive entry is still in the receiving bin, it is adjusted according to the adjustment quantity on the commodity manifest. Following this adjustment, the remaining amount, now equal to the received quantity on the manifest, is transferred to the listed destination bins. As a result, no quantity of the commodity remains in the receiving bin.