The Functions of Goods issue Posting in AP

Functions of Goods issue Posting:  Updating Stock Quantities : The warehouse stock of the material is reduced by the delivery quantity. You will find information on inventory management in the MM Inventory Management online documentation.

Evaluating and Updating Balance Sheet Accounts

When you post goods issue, stock values are updated automatically in financial Accounting in the stock account and the stock changes account. The valuation of the material and the changes in the Inventory value which result from goods issue posting are described in the MM valuation documentation.

Functions of Goods issue Posting

Reduction of Requirements

The Customer requirements that are transferred on the basis of the sales order or the delivery are completed when you post goods issue. The requirements are reduced by the delivery quantity.

Updating the Proceeding documents

When you post goods issue, the system automatically updates the goods issue status in all sales and distribution documents accordingly.

Billing Due List

As soon as you have posted goods issue, the delivery is included in the work list for billing and can be involved.

Also See: Inter-Company Billing – Automatic Posting To Vendor Account