Material Master Data

Material Master Data

 Material type

Materials with the same basic attributes are grouped together and assigned to a material type. This allows management of different materials in a uniform manner in accordance with the company's requirements.

 Examples of material types are:

1.    Raw material

2.    Semi finished

3.    Finished

4.    Spares

5.    Scrap

6.    Non-Valuated...etc

     Number Range for Material Type

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        When we create material master record every material is recognized by a number, that number will be unique and known as MATERIAL NUMBER.

     Material Group

Material groups are used for reporting purpose. You can execute and see the different reports like purchasing values, purchasing quantities, stocks, receipts, issues, and inventory turnover, etc. on the basis of material groups.

Material Creation

After completion of above steps we can create a new material.