Issue from Inventory to Project
Explanation
Use this function to issue a quantity of a part from inventory. Issuing can be done either manually or
automatically. It is possible to issue already reserved material and/or issue material directly from the location
without having prior reservations.
When the supply option MRP and issuing is done manually, the Issue From Inventory dialog will
display only the standard inventory records that are available for issuing.
When the supply optionis not MRP, the dialog will display only the project inventory records which are available
for issuing. Project inventory belonging to other projects will not be displayed.
Prerequisites
- A miscellaneous demand line must exist.
- The quantity of the part to be issued from inventory must exist in an inventory location for the site.
- The activity must be in status Released.
- Posting control rule M62 and cost element mappings.
System Effects
- The material is issued.
- The Issued Quantity and Issued Date are updated in the miscellaneous demand line.
- Quantity on hand for the part is updated, i.e., the amount of the part is reduced.
- An inventory transaction for each location is created in Inventory. These transactions are posted with
information from the Project Setup Parameters PrePostings tab.
- Once issued, the project material values(When Supply Option is not MRP) in the Committed and
Used columns are equal to zero. (Used cost is only reported when receiving into project inventory, not
when issuing.)
- After issuing standard material (When Supply Option is MRP) the Used column is based on the inventory
transaction value for the issue of this part. The value in the Committed column has decreased, and
reflects the committed cost for the remaining reserved items.
Note: The progress will not be reported for the miscellaneous demand line until the related purchase
order is in the Received status. Once it is in the received state the progress is calculated by dividing the
received quantity by the required quantity and then taking the percentage value of it.