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Former Member

Goods

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What is the difference between Goods and Trading goods.

thanks

SM

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4 Answers

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    Former Member
    Sep 04, 2008 at 07:14 AM

    Hi,

    In normal goods(raw or finished) you will be having purchasing and sales view only respectively.

    while in trading goods- you will be having both purchasing and sales view.

    finished good is manufactured by company from raw materials which it procures.whereas, trading goods are procured to be sold later.

    Regards,

    vijay

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  • Sep 04, 2008 at 07:16 AM

    Hi

    Goods are finished goods which are manufactured by using Raw Materials where as Trading Goods are bought and sold without any manufacturing activity.

    Srinivas

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    Former Member
    Sep 04, 2008 at 08:50 AM

    Trading goods are always procured externally and then sold. A material master record of this material type can contain purchasing and sales data.

    For Raw Materials will have Purchasing Views

    For Semi Finished Materials will have Purchasing Views / Sales Views

    Regards,

    Ashok

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    Former Member
    Sep 04, 2008 at 08:51 AM

    hi,

    goods is a genral terminology of material having some value for trading ( sales or purchse ).

    if we speicfy based on the usage we can call it as semi finished good , finished good , traded good... etc

    regrads

    venga

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