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Goods

Former Member
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Ho Experts

What is the difference between Goods and Trading goods.

thanks

SM

Accepted Solutions (0)

Answers (4)

Answers (4)

Former Member
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hi,

goods is a genral terminology of material having some value for trading ( sales or purchse ).

if we speicfy based on the usage we can call it as semi finished good , finished good , traded good... etc

regrads

venga

former_member192897
Active Contributor
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Trading goods are always procured externally and then sold. A material master record of this material type can contain purchasing and sales data.

For Raw Materials will have Purchasing Views

For Semi Finished Materials will have Purchasing Views / Sales Views

Regards,

Ashok

srinivasa_maruvada
Active Contributor
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Hi

Goods are finished goods which are manufactured by using Raw Materials where as Trading Goods are bought and sold without any manufacturing activity.

Srinivas

Former Member
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Hi,

In normal goods(raw or finished) you will be having purchasing and sales view only respectively.

while in trading goods- you will be having both purchasing and sales view.

finished good is manufactured by company from raw materials which it procures.whereas, trading goods are procured to be sold later.

Regards,

vijay