| Workflow | Previous Top Next |
| How PSL Works | A workflow on how PSL works is given below. Broadly it can be understood that, at PSL Run, receipts and issues are extracted from either Finance Area or Stores Area, the Stock Movements are translated into respective accounts and the Stock Quantities are valued. |
| Example | A SMR Issue to Production |
| Extract Stock Movements | 1.Broad Classification of Movements into Receipt and Issue Sets. 2.CES Function Codes of each of the movements is compared against Codes defined under each of the above sets to determine if stock movement is of type ISSUE or RECEIPT. CES Function codes for each set can be defined in Define and Maintain A/c Derivation Rule (PS04). If a stock movement falls under either of these sets, it is extracted. |
| Account Translation | 1.Once the movements are extracted, the Properties Applicable to each SET is considered. Properties applicable to each SET can be fixed using Define and Maintain A/c Derivation Rule (PS04). Properties are defined along with values they can take using Maintain Stock Movement Properties (PS03) 2.Values the Properties take are determined through the execution of a function. This function is again defined in Maintain Stock Movement Properties (PS03) 3.Based on the Property values, the debit and credit accounts are determined using the rule defined in Define and Maintain A/c Derivation Rule (PS04). |
| Register Ledger | Register the ledger PS11 |
| Extract Receipts and Issues | Extract Receipts and Issues from each store for the Ledger using PS12 |