This topic provides systematic instructions about Inventory Details.

1. On Home screen select Limits and Collaterals. Under Limits and Collaterals, select Collaterals. Under Collaterals, select Maintenances.
2. Under Maintenances, select Collateral Types. Under Collateral Types, select Inventory Details.
3. Under Inventory Details, select Inventory Maintenance.
   The Inventory Maintenance screen is displayed.

   Figure 3-117 Inventory

   
   

   
   Description of "Figure 3-117 Inventory"

   
   
4. Click
   
   
   
   icon.
   The Inventory Details screen is displayed.

   Figure 3-118 Inventory Details

   
   

   
   Description of "Figure 3-118 Inventory Details"

   
   

   Using this screen, customer collateral of type inventory can be maintained. User can capture multiple inventory as part of same customer collateral created and arrive at the collateral value appropriately.

   For more information on fields, refer to the field description table.

   Table 3-92 Inventory Details - Field Description

   Field	Descriptions
   Entity Reference Number	Specify the reference Number for the inventory record being added. This is unique across multiple child records added in the same collateral.
   Currency	Select the currency of the inventory being added.
   Amount In Collateral Currency	Wherever inventory value currency is different from collateral currency, inventory value in the collateral is converted to collateral currency as per rate configured and collateral value is updated.
   Cost of finished goods	The cost of finished goods is derived from product details. Note: The user can enter the value directly for a DP-backed facility.
   Cost of Work in process	Specify the cost of work in process.
   Cost of Raw Materials	Specify the cost of raw materials.
   Obsolete Inventory Cost	Specify the obsolete inventory cost.
   Total Lien Amount	Lien amount is derived from lien details against the product noted. For a DP backed facility user can enter lien amount directly
   Total inventory cost	Total inventory cost is derived based on cost of finished goods + cost of work in process + cost of raw materials. The total inventory cost cannot be negative.
   Total Amount in Child Currency	Displays the total amount in child currency. Collateral value is calculated as total inventory cost minus obsolete inventory cost minus total lien amount for one or more inventory records linked to the collateral. Note: Collateral value is calculated as total inventory cost minus obsolete inventory cost minus total lien amount for one or more inventory records linked to the collateral.
   Amount In Collateral Currency	Wherever inventory value currency is different from collateral currency, inventory value is converted to collateral currency as per rate configured and amount in collateral currency is updated.

   Figure 3-119 Inventory - product Details

   
   

   
   Description of "Figure 3-119 Inventory - product Details"

   
   

   Table 3-93 Product Details - Field Description

   Field	Description
   Product Code	Product code within a particular inventory record has to be unique. Product details supports multi entry and multiple product details can be considered for the same inventory.
   Product Description	Specify the product description
   Price Per Unit	Specify the price per unit.
   Stock Quantity	Specify the stock quantity.
   Total Stock Value	Total stock value is derived based on price per unit multiplied by stock quantity.Total stock value of multiple product is updated as cost of finished goods.

   Figure 3-120 Inventory - Lien Details

   
   

   
   Description of "Figure 3-120 Inventory - Lien Details"

   
   

   Table 3-94 Lien Details - Field Description

   Field	Descriptions
   Lien Reference	Lien reference has to be unique across multiple lien for a particular product code.
   Lien Entity Name	One or more lien details can be noted against a particular product code.
   Lien Start Date	Lien start date cannot be future dated. It can be prior to Collateral Start Date only in case the user attaches a product which already has a lien attached to it. But, the calculation of collateral amount will vary as of current date (that is effective from the date when the lien was attached).
   Lien End Date	Lien end date cannot be back dated. Lien end date cannot be after collateral end date. Note: On lien end date lien value gets updated and accordingly inventory cost is recalculated and updates the collateral value.
   Lien%	Based on lien percentage entered, pledge amount is calculated (percent of total stock value of the particular product). Lien % should not be more than 100% for multiples lien noted against one product.
   Pledge Amount	Pledge amount is calculated considering lien percentage on product amount.
   Outstanding Amount	Outstanding amount is calculated as pledge amount – settled amount. Total outstanding amount of multiple lien across multiple products is updated as total lien amount.
   Settled Amount	Specify settled amount. Settled amount cannot be more than pledge amount.
   Remarks	Specify remarks, if any.
   Converted Linked Amount	Specify the converted linked amount.

5. Click Save to save the record.

• View Inventory
  This topic describes the systematic instructions to view inventory.