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 box will display only the standard inventory records that are available for issuing.

When the supply optionis not MRP, the dialog box 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/Project PrePosting window.
• 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.

Window

Project Navigator/Demand/Misc. Parts
Activity/Demand/Misc. Parts
Project/Demand/Misc. Parts
Project Navigator/Demand/Misc. Rental Parts
Activity/Demand/Misc. Rental Parts
Project/Demand/Misc. Rental Parts

Related Window Descriptions

Project Navigator/Demand/Misc. Parts
Activity/Demand/Misc. Parts
Project/Demand/Misc. Parts
Project Navigator/Demand/Misc. Rental Parts
Activity/Demand/Misc. Rental Parts
Project/Demand/Misc. Rental Parts

Procedure

1. Open the Project Navigator window and query for your project. In the navigator, select an activity with connected miscellaneous demand for which you intend to issue from the project inventory.
2. Click the Demand tab and then click the Misc. Parts tab.
3. Select your miscellaneous demand, right-click and click Issue or Issue manually. If issuing manually, the Issue From Inventory dialog box will open.
4. In the Quantity Left field, observe the number of items that remains to be issued.
5. On a row with available items, enter the desired quantity to issue in the Issue Quantity field. Click OK.
6. Click OK on the information message that informs you of the successfully issued parts.

Note: If IFS/Project Reporting is used you have the option of selecting the Propose Project Transaction check box in the Project window, which will enable the Create Project Transaction dialog box to appear. Enter a valid report code in this dialog box that has report code type Material and then click OK to create a project transaction for the material issue. This dialog box is available to the user from right mouse button menu on project miscellaneous demand regardless of this check box.