2. Stock Transfer using 2 Steps
After you explained the stock transfer using 1 step in one of the last posts , you want to show that we can also do a stock transfer same as before but in 2 steps.
you started by saying :
in the last method [1 step method ] , once you execute the transaction the stock will immediately transferred from plant A to plant B . But in the 2 steps method , you will first issue the stock from plant A and it will not be transferred to plant B but as 'Stock in transfer'. the second step will be executed in the plant B to receive the stock.
one of the audience interrupted you asking:
Q: Why I would go with this 2 steps method instead of the 1 step ?
A: you would replay : because of 2 reasons :
1) in this method after we issue the stock from the issuing plant , the stock will be shown as stock in transfer , which gives you a way to monitor the stock 'on the road'.
2) Second reason is from authorisation point of view , sometimes you restrict the authorisation of your people to the plant they work on.i.e. if Mohammad for example is working on plant A you don't want to give him the authorisation to execute transactions related to plant B.So you map your process in this way.
a finance guy asks you
Q: what about the valuation ?
A; The material will be valuated based on the valuation of the issuing plant.
you concluded your topic by saying : But keep in mind that you can not use reservations with this type of stock transfer.
After you explained the stock transfer using 1 step in one of the last posts , you want to show that we can also do a stock transfer same as before but in 2 steps.
you started by saying :
in the last method [1 step method ] , once you execute the transaction the stock will immediately transferred from plant A to plant B . But in the 2 steps method , you will first issue the stock from plant A and it will not be transferred to plant B but as 'Stock in transfer'. the second step will be executed in the plant B to receive the stock.
one of the audience interrupted you asking:
Q: Why I would go with this 2 steps method instead of the 1 step ?
A: you would replay : because of 2 reasons :
1) in this method after we issue the stock from the issuing plant , the stock will be shown as stock in transfer , which gives you a way to monitor the stock 'on the road'.
2) Second reason is from authorisation point of view , sometimes you restrict the authorisation of your people to the plant they work on.i.e. if Mohammad for example is working on plant A you don't want to give him the authorisation to execute transactions related to plant B.So you map your process in this way.
a finance guy asks you
Q: what about the valuation ?
A; The material will be valuated based on the valuation of the issuing plant.
you concluded your topic by saying : But keep in mind that you can not use reservations with this type of stock transfer.
ReplyDeleteWhile the relationship of stocks to the dollar has not always been "down dollar = up stocks" it has been this year. And in this market, that which gets rewarded gets
repeated until someone's throat gets ripped out.
At times it has been that a strong dollar meant a strong America and a strong economy. All rules of logic are gone due to the oligarchs running the government.
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