Run Everywhere with Business ByDesign – Warehouse Book Greece
In continuation to the blog post on the Run Everywhere with ByD, here is a post on one of the features we delivered for Greece with November 2014 version.
Warehouse Book Report (Inventory Report) for Greece has been delivered based on the cost method “Weighted Moving Average Price” (WMAP).
The report has been implemented in order to provide compliance with the Greek Tax legislation. The report tracks information of materials on Purchases, Sales,
Drop Shipments, Stock Transfer, Adjustments to inventory and Scrapping. There are two reports available for this purpose:
(a) WMAP Report
(b) WHB Report
These reports are run periodically on a monthly basis which determines the actual value of the remaining stock and consumption prices via WMAP.
WMAP Report: This report provides information of materials with Opening Balance, Opening Quantity, Closing Balance, Closing Quantity and WMAP at a Company Level.
WHB Report: This report provides information of materials with Opening Balance, Opening Quantity, Purchases, Sales, Drop Shipments, Stock Transfer, Adjustments and Scrapping. The report displays material valuation at each Business Residence of a Company.
Below figure represents the various documents considered in order to arrive at the WHB Report.