Item Master Data

In this topic, we will explore the contents of the item master.

Summary: 

1. Item master data controls how an item acts in the business processes. The data is used automatically by the system in the processes for purchasing, sales, production, warehouse management, service, and accounting.
2. A master data record in used in transactions and cannot be deleted until those transactions are archived, but the item can be marked inactive. 
3. Item categories control whether an item can be purchased, sold, or stored in inventory. An item can belong to multiple categories.
4. Designating the item as an inventory item means that the item can be used in inventory transactions. Similarly marking an item for purchasing or sales means that the item can be bought or sold on marketing documents. If you mark an item as inventory only, you cannot buy or sell that item. 
5. The inventory data tab tracks the in-stock, committed, ordered, and available quantities for an inventory item in each warehouse. The available quantity is equal to the total of the in-stock and ordered quantities minus any committed quantity.

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