Difference between revisions of "Dead Stock Configuration"
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'''Account Head''' – It is used for depreciation calculation in Accounting. | '''Account Head''' – It is used for depreciation calculation in Accounting. | ||
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| + | == '''Input Needed''' == | ||
| + | Product Type | ||
| + | |||
| + | Account Head | ||
| + | |||
| + | Depreciation Percentage | ||
| + | |||
| + | Life of Product | ||
== '''Functionality''' == | == '''Functionality''' == | ||
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== ''' Screen Shots / Steps''' == | == ''' Screen Shots / Steps''' == | ||
| − | Dead stock configuration | + | '''Dead stock configuration''' |
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| + | - Admin can see the list of base product and mapped account head, depreciation percentage and life of product. | ||
| + | |||
| + | - There is provision to check the list of products are there under the base product. | ||
| + | |||
| + | - Admin can do the dead stock numbering configuration for base product. | ||
| + | [[File:Dead Stock configuration.png|border|center|frameless|900x900px]] | ||
| + | |||
| + | '''Add new product type''' | ||
| + | |||
| + | - To add new base product click on '''Add new base product''' button. | ||
| + | |||
| + | - Enter the product Name, Abbreviation, Select the requisition type and click on Save button. | ||
| + | |||
| + | - If depreciation has to apply then select the account head and select the '''Is depreciation Applicable''' checkbox. | ||
| + | |||
| + | - It will ask the depreciation percentage and life of product. Enter the details and click on save to proceed. | ||
| + | [[File:Add new base product.png|border|center|frameless|900x900px]] | ||
| − | + | '''Edit Product Type''' | |
| − | + | - To edit the product details click on '''Edit''' icon. | |
| − | |||
| − | + | - Do the required modification and save the details. | |
[[File:Stock 6.png|center|frame]] | [[File:Stock 6.png|center|frame]] | ||
Revision as of 05:20, 7 April 2020
Roles
Stock Admin
Path
Stock register » Dead Stock Configuration
Terminology Used
Base Product - Highest type of Product hierarchy E.g. Computer and Peripherals, Furniture etc…
Dead Stock Number – Dead stock number or Asset number is uniquely identifying the product that organization has purchased
Requisition Type – It is used to identify the base product is going to use as Asset or Inventory
Account Head – It is used for depreciation calculation in Accounting.
Input Needed
Product Type
Account Head
Depreciation Percentage
Life of Product
Functionality
- User can add the New Base product E.g. Computer Peripheral, Furniture etc…
- User can map ledgers against every base product It will be used while monitoring budget amount in new purchase and calculation of depreciation.
- Base Products details can be viewed. User can check stock of each product, for e.g. Computer count and how much amount of investment on computers has been made, and what is the total current value after depreciation.
- Existing base product details can be edited.
- User can view purchase details.
- Dead stock number / Asset Number configuration can be separate for base product.
Screen Shots / Steps
Dead stock configuration
- Admin can see the list of base product and mapped account head, depreciation percentage and life of product.
- There is provision to check the list of products are there under the base product.
- Admin can do the dead stock numbering configuration for base product.
Add new product type
- To add new base product click on Add new base product button.
- Enter the product Name, Abbreviation, Select the requisition type and click on Save button.
- If depreciation has to apply then select the account head and select the Is depreciation Applicable checkbox.
- It will ask the depreciation percentage and life of product. Enter the details and click on save to proceed.
Edit Product Type
- To edit the product details click on Edit icon.
- Do the required modification and save the details.
View Product details
Dead Stock Configuration
