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5 Replies Latest reply: Jun 30, 2010 8:18 AM by GOURAV JENA
GOURAV JENA Jun 30, 2010 6:08 AM
DIFFERENCE BETWEEN NONSTOCK AND
NONVALUATED MATERIALS
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HI ALL,
I WANT TO KNOW WHAT IS THE DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED
MATERIALS. WHY THESE TYPE OF MATERIALS ARE COMING UNDER COST CENTER AND
WHEN CREATING PO FOR THIS TYPE PARTICULAR MATERIALS WHY WE ARE NOT
MAINTAINING PRICE, MEANS WHY WE ARE DEFINING THE PRICE FOR THIS PARTICULAR
MATERIALS?
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Guest Jun 30, 2010 6:12 AM (in response to GOURAV JENA)
Re: DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED MATERIALS
Hi,
Hi,
nonvaluated material (Material Type UNBW):
This type of material is managed on a quantity basis, but not on a value basis. This makes sense for
materials of low value, stocks of which nevertheless have to be monitored (for example, operating
manuals).
Nonstock material (NLAG) (Material Type NLAG):
Inventory management is not possible for these materials either on a quantity or value basis. For
frequently required consumables, the use of this material type nevertheless enables you to store the
information required to create
purchasing documents (such as texts and units of measure).
When a material is procured directly for consumption, no material master record is necessary. In
connection with consumable materials, you can distinguish between the following cases:
• Consumable material without material master record
• Consumable material with material master record that is not subject to
inventory management (on either a quantity or value basis)
• Consumable material with material master record that is subject to inventory management on a
quantity, but not a value, basis
pherasath
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Re: DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED MATERIALS
thank you sir. now i got the concept about the nonstock and nonvaluable materials.
thank you very much
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Guest Jun 30, 2010 6:14 AM (in response to GOURAV JENA)
Re: DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED MATERIALS
Hi,
NLAG:
1. The quantity is posted to consumption and the consumption statistics are updated in material
master record.
2. The value is posted to consumption account and account assignment is debited with costs.
UNBW:
1. The quantity is posted to stock and the stock data is updated in material master record.
2. The value is posted to consumption account and the account assignment is debited with costs.
pherasath
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Re: DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED MATERIALS
Hi,
Non Valuated material:
For material type UNBW,Stock is qty updated,not value updated,Certain items in stores you can keep
it for stock tracking,
value is not important to company.
No value update & only Qty Update for the plant .
[ Re: Non Valuated Material]
Non Stock material:NLAG
For material type NLAG,Stock qty not updated,not value updated,Certain items in directly posted in
the particular cost center , order, Project cost these material not required to track in term of cost & Qty
in inventory level.
No value update & No Qty Update for the plant .
SAM
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Re: DIFFERENCE BETWEEN NONSTOCK AND NONVALUATED MATERIALS
Hi
I f Novvaluated material (UNBW)
Ex: Vendor and customer stock at our premises and company sign boards and pramotianl items this
all just maintain stock only not value impact any where
If NonStock Items(NLAG)
Ex. We can't maintain the stock but value impact. mainly small items like nuts,screws we can issue
the direct to cost centre.
account assignment is must here.
Regards
Laxman
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