Accounting 2.0 - Stock: Balance Qty vs On Hand Qty vs Available Qty vs Forecast Qty
Question : What is Balance Qty, On Hand Qty, Available Qty, Forecast Qty, in Available Stock Status?
Answer :
Balance Qty : quantity of stock according to book records
On Hand Qty : Balance Qty + Outstanding Consignment Qty
Available Qty : On Hand Qty – Reserved Qty
Forecast Qty : Available Qty + Outstanding P/O Qty + Outstanding A/O Qty (Finished Goods)
A/O stands for Assembly Order
** Outstanding Consignment Qty : quantity of stock consigned out / in (but not yet sold)
Negative quantity indicates CSGN out.
Positive quantity indicates CSGN in.
** Reserved Qty : Outstanding S/O Qty + Outstanding A/O Qty (Raw Material) + Outstanding POS Qty
S/O stands for Sales Order
By : Aimi 200814, Lay Swan 200821, P200824
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