Podcast
Questions and Answers
What is the purpose of setting a Reorder level in Inventory Management?
What is the purpose of setting a Reorder level in Inventory Management?
- To monitor the expiration dates of perishable goods
- To track the inventory levels of a stock item
- To automate the ordering process from the supplier
- To ensure sufficient stock is available for customers (correct)
What is the difference between Simple and Advance modes in Reorder level settings?
What is the difference between Simple and Advance modes in Reorder level settings?
- Simple mode is for normal stock, Advance mode is for high-priority stock
- Simple mode has daily time units, Advance mode has monthly time units (correct)
- Simple mode is for non-perishable items, Advance mode is for perishable items
- Simple mode is for low-value items, Advance mode is for high-value items
How do you display the Reorder Status in the system?
How do you display the Reorder Status in the system?
- GOT > Display > Statement of Inventory > Reorder Status > Select Stock item (correct)
- GOT > Inventory > Batch wise details > Reorder Status
- GOT > Inventory > Reorder level > Display Reorder Status
- GOT > Inventory info > Reorder level > Select stock item
What is the purpose of batch wise details in Inventory Management?
What is the purpose of batch wise details in Inventory Management?
What is the significance of manufacturing date and expiry date in batch wise details?
What is the significance of manufacturing date and expiry date in batch wise details?
What is the correct order of dates in batch wise details?
What is the correct order of dates in batch wise details?
What is the purpose of a Cost Center in an organization?
What is the purpose of a Cost Center in an organization?
What type of account is 'Project sales' classified under?
What type of account is 'Project sales' classified under?
What is the correct sequence to create a stock item?
What is the correct sequence to create a stock item?
What is the purpose of setting 'Cost center applicable' to 'Yes' in a ledger?
What is the purpose of setting 'Cost center applicable' to 'Yes' in a ledger?
What is the correct classification of 'Universal cement' under?
What is the correct classification of 'Universal cement' under?
What is the correct sequence to create a Cost Center?
What is the correct sequence to create a Cost Center?
What is the type of adjustment used to set payment against expiry of a new reference?
What is the type of adjustment used to set payment against expiry of a new reference?
What is the purpose of creating a price list in inventory management?
What is the purpose of creating a price list in inventory management?
What is the shortcut to display physical stock in inventory management?
What is the shortcut to display physical stock in inventory management?
What is the purpose of creating a supplier in accounting?
What is the purpose of creating a supplier in accounting?
What is the purpose of setting 'Batches wise details' to yes in inventory management?
What is the purpose of setting 'Batches wise details' to yes in inventory management?
What is the type of adjustment used to make a payment or receipt in advance to making sales?
What is the type of adjustment used to make a payment or receipt in advance to making sales?
