This activity is the transfer of externally-owned stock, either supplier-loaned or customer-owned, to company-owned stock, i.e., a receipt in place. When you have come to an agreement with a supplier or customer to purchase parts that are theirs but stored in your inventory, this activity transfers the ownership in inventory and creates a purchase order for the transferred parts. The transfer of ownership can also be applied on a handling unit and will then have effect on the content of that handling unit.
Note: If the option Allow Multiple Owners per Inventory Part on one Location in Site/Warehouse Management/General tab is enabled, the entire quantity of the part need not be transferred.
If the purchase part has not previously been registered, this is done automatically.
If the purchase part has not previously been connected to the supplier, the connection will be made automatically.
A purchase order is created for the selected parts. The purchase order and its lines (one line per part number and condition code) are in status Closed and the lines are identified as received in place.
The ownership type of the transferred parts in inventory and in Part Serial becomes Company Owned. In addition, the persistent ownership is changed for all components belonging to the structures of serial- or lot-tracked parts that are transferred.
Postings are created with the debit posting type M1, Inventory, and the credit posting type M10, Receipt with Purchase Order.