In: Accounting
what is the Multi-Level BOM Chart and Material Masters and Vendor Masters of Hoverboard companies.
Multi-Level BOM Chart A multi-level bill of materials (BOM) chart, referred to as an indented BOM in a chart, is a bill of materials that lists the assemblies, components, and parts required to make a product in a parent-child, top-down method. It provides a display of all items that are in parent-children relationships.
Material Masters of Hoverboard companies The material master record contains all information about the materials a Hoverboard company procures, manufactures, stores and ships. The material master database contains descriptions of all materials that an enterprise procures, produces, and keeps in stock. It is the central repository of information on materials for the enterprise. The integration of all material data in a single materials database eliminates the problem of data redundancy and permits the data to be used not only by Purchasing, but also by other business departments and applications.
Vendor Masters of Hoverboard companies-
Vendor Master Data is the enterprise main source of vendor-specific data. It includes information on vendors from which a company can procure, or can sell. A vendor master record contains information such as vendor's name, address, etc. and any other information which are relavent.