CUSTODIAN title: custodian (SCM-ECT-LIM) (SAP Library - Glossary)
CUSTODIAN category: Logistics Inventory Management Engine (SCM-ECT-LIM)
CUSTODIAN explained:
Business partner who stores, manages, or processes stock for another business partner without any transfer of title to the goods taking place.
Whereas the custodian exerts day-to-day control over the stock, the owner retains the legal title to it.
The custodian of stock at any given time must not be confused with its legal owner.
ExampleConsignationment processing. A customer has received goods from a vendor as consignment stock and places it in storage. As a result, he becomes the custodian of the stock. The vendor remains the owner of the goods until such time as the customer withdraws it from consignment stores. Transfer of title takes place at the time of such withdrawal.
More terms such as custodian in Dictionary C.
- Manual Comma-Separated File:
- Help the values in a table as a series of ASCII text lines organized so that each column value is separated by a comma (or some other delimiter) from the next column's value and each row starts a new custodian definition.
- Manual Capitalization And Valuation Allowances:
- Help function used to uniformly perform capitalizations, valuation allowances, and divestitures for assets and liabilities in the system. You can have the system record fair value differences (surpluses custodian explain.
- Manual Calculated Characteristic:
- Help An inspection criteria. Values are calculated by the System from the inspection results of other characteristics (calculation input characteristics), according to a predefined formula custodian what is.
- Manual Calculation Currency:
- Help the calculation takes place. If the calculation is for a bundle that contains multiple currencies, the system translates all the components of the bundle into the specified calculation currency. The custodian meaning.
- Manual Change Master Record:
- Help contains all the information required for managing a change. A change master record contains descriptive data, such as the reason for the change, and data with control functions, such as valid-from custodian abbreviation.
