Issuing Project Stock to Vendor
I have the following scenario-
The organization's projects are being carried out by EPC/Turnkey contractors.But the management wants to keep a tab on the quantity of material issued to the vendor and then later consumed.But the Finance department does not want that to show as a valuated inventory in their accounts.
I think that the probable solution could be to have a non-valuated stock for my project.i would procure the materials with an account assignment category Q.In that case I can keep a track of the materials issued to the contractor without any values being shown against the stock in the inventory. Am i right?
But if the material is sent from one project to another under a different company code then in that case material values cant be taken into account for the different Comany codes.Please advise if its workable or not.
Thanks and Regards