CASE STUDY: CONTINUOUS STOCK PUBLIC INTRODUCTION In this case study, you will perform the following tasks: Check company settings for inventory valuation Create items with different valuation methods View the accounting effect of each valuation method PREREQUISITE: 1. Use the demo database for SAP Business One 9.2, version for SAP HANA Or SAP Business One 9.2 2. Credentials: User code:manager; Initial Password: manager TASK 1 You want to familiarize yourself with the settings for inventory valuation in your company . Check if the system is set up for perpetual inventory and whether this setting can be changed? What is the default valuation method set for the company? Are item costs managed at the warehouse level? Review the company settings for inventory valuation TASK 2 The company is purchasing a new product from vendor V1010. The item is a type of processor. The warehouse manager for the main warehouse wants this item managed with standard costs. The purchasing manager has made verbal arrangements with the vendor to have five (5) delivered for a price of 100 each. The warehouse manager is annoyed because the items have already been delivered without a purchase order and are sitting in the loading dock waiting to be received. A short time later, the warehouse manager asks you to purchase another five (5) for the main warehouse. The vendor tells you that the processors will cost 200 each on this order because this type of item often has price fluctuations. When you receive the item into stock, the warehouse manager asks you to check to ensure that the posting for the item uses the standard cost value. 2016 SAP SE All rights reserved CASE STUDY CONTINUOUS STOCK PUBLIC should be 300. Make sure that the delivery of this item is as cost effective as possible by delivering all available quantities from the processors from the northern warehouse. Any additional quantities should be delivered from the main warehouse After the delivery, check the accounting postings to make sure the values are correct. Create a sales order customer C42000 for 30 processors. How can you check that the majority of the delivery will be from the northern warehouse? How can you ensure the customer receives the quantities they need? Deliver all the items to the customer. Check the postings from the delivery. TASK 6 An auditor asks for costing data on the processor items. She wants you to explain how the items are managed in purchasing, inventory and sales. Why do the reports show these values? Run the appropriate warehouse report to see the changes in stock values and explain why the stock is tracked and valued in this way. CASE STUDY: CONTINUOUS STOCK PUBLIC INTRODUCTION In this case study, you will perform the following tasks: Check company settings for inventory valuation Create items with different valuation methods View the accounting effect of each valuation method PREREQUISITE: 1. Use the demo database for SAP Business One 9.2, version for SAP HANA Or SAP Business One 9.2 2. Credentials: User code:manager; Initial Password: manager TASK 1 You want to familiarize yourself with the settings for inventory valuation in your company . Check if the system is set up for perpetual inventory and whether this setting can be changed? What is the default valuation method set for the company? Are item costs managed at the warehouse level? Review the company settings for inventory valuation TASK 2 The company is purchasing a new product from vendor V1010. The item is a type of processor. The warehouse manager for the main warehouse wants this item managed with standard costs. The purchasing manager has made verbal arrangements with the vendor to have five (5) delivered for a price of 100 each. The warehouse manager is annoyed because the items have already been delivered without a purchase order and are sitting in the loading dock waiting to be received. A short time later, the warehouse manager asks you to purchase another five (5) for the main warehouse. The vendor tells you that the processors will cost 200 each on this order because this type of item often has price fluctuations. When you receive the item into stock, the warehouse manager asks you to check to ensure that the posting for the item uses the standard cost value. 2016 SAP SE All rights reserved CASE STUDY CONTINUOUS STOCK PUBLIC should be 300. Make sure that the delivery of this item is as cost effective as possible by delivering all available quantities from the processors from the northern warehouse. Any additional quantities should be delivered from the main warehouse After the delivery, check the accounting postings to make sure the values are correct. Create a sales order customer C42000 for 30 processors. How can you check that the majority of the delivery will be from the northern warehouse? How can you ensure the customer receives the quantities they need? Deliver all the items to the customer. Check the postings from the delivery. TASK 6 An auditor asks for costing data on the processor items. She wants you to explain how the items are managed in purchasing, inventory and sales. Why do the reports show these values? Run the appropriate warehouse report to see the changes in stock values and explain why the stock is tracked and valued in this way