Road Map: Move Consigned Inventory
Use the Move Consigned Inventory (IVM) program to manually move consignment inventory to the classification of stock on hand. See Overview: Consignment Inventory for more information.
Before you run this program each time
You should run these programs: None required
Before you run this program the first time
You should run these programs:
System Options Maintenance (XM) (Inventory Control Options) to de-select the Consignment auto pick? option for your enterprise.
Enter a new item into your database with the Enterprise Item Maintenance (IM) program.
Enter a new vendor number in the Vendor Maintenance (VM) program if the vendor is new.
Enter the vendor number in the Preferred vendor field and select the Consignment? field in the Branch Item Maintenance (IMB) program. Enter a quantity greater than 0 in the Lot size field if you want the system to move a set quantity at each transfer or enter 0 if you want the system to move only the necessary quantity.
Select the required fields for a consignment item in the Vendor Price Maintenance (VMM) program: the QA approved? field, the Preferred item? field, M or L for material or labor, and the purchasing unit of measure.
Enter a unit price for a quantity of one in the Vendor Price Maintenance (VMM) program.
After you run this program
You will most likely run these programs:
Select the consignment batch in the AP Invoice Entry (NE) program to print the register and update the general ledger.