Features, functions, and reports available depend on the type of Inventory license held. There are two types of licenses for the Inventory module – Basic Inventory license or Full Inventory license.
Lite Inventory License
The Lite Inventory License is for:
The Lite Inventory License is provided to eService and eSite users for no cost. With this license, the "Value Inventory" setting is turned off, which hides processes and references to GL accounts, overhead percentages, journal entries, etc. The following is hidden:
Refer to the eService Help for more information about how inventory works in eService. The system uses the eFinancials database only and does not require an eFinancials license.
Full Inventory License
The Full Inventory license is for users who want to valuate Inventory, which requires:
So for example:
For the Full license, the system includes the functionality necessary to valuate inventory. With this license, the "Value Inventory" setting is turned on and you see the Inventory module as well as enhanced processes and references to GL accounts, overhead percentages, journal entries, etc., in eFinancials/ePO/eService.
See Also
Effect of Global Policies on Purchase Orders
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