V7.0-04 - Parts And Purchasing With Mc V7.0

Explanation
The new Multi-Bin feature in MC v7.0 allows for duplicate Part Location records, which are specified with different Bins. This means that multiple bins can be assigned to the same location, allowing for more flexibility in organizing and managing inventory.

Explanation
The Order Items tool now offers new options for reordering to support Multi-Bin. These options include reordering by overall Total balance, which allows users to prioritize items based on the total quantity across all bins. Additionally, users can reorder by individual Bin balances, enabling them to focus on specific bins that may require replenishment. These options provide more flexibility and control in managing inventory and ensuring that all bins are adequately stocked.

Explanation
Part Checkout has been enhanced to be permission based and allows Parts to be tied to existing or new Work Orders.

Explanation
The enhancements made to Rotating Parts in the Work Order Module do not provide users with the option to choose whether to leave the page without specifying a serial number. Therefore, the statement is false.

Explanation
Reductions to inventory and transfers for rotating parts should be managed from the Asset Tree. The Asset Tree provides a comprehensive overview of all the assets in an organization, including rotating parts. By managing reductions and transfers from the Asset Tree, organizations can ensure accurate tracking and visibility of inventory levels for rotating parts. This allows for better inventory management and helps prevent stockouts or overstock situations. Additionally, managing from the Asset Tree allows for centralized control and coordination of inventory across different stock rooms or locations.

Explanation
The explanation for the given correct answer is that additional levels have been added to the Stock Room node of the Asset Tree in order to support Multi-Bin. This means that the Stock Room node now has more levels or subcategories that can be used to organize and manage inventory in a Multi-Bin system.

Explanation
The correct answer is to show the "Taxable Indicator," "Tax Rate and Cost," and "Line Item Comments" on the Purchase Order Report / Printout. These preferences allow the user to include important information such as whether an item is taxable, the tax rate and cost associated with each item, and any comments related to the line item. By showing these indicators and details, the Purchase Order Report provides a comprehensive overview of the purchase, ensuring accuracy and transparency.

Explanation
The new field that has been added to Purchase Order records is the "Sub-Status". This field allows for further categorization or classification of the status of a purchase order, providing more detailed information about its progress or current state.

Explanation
By setting the new preference for resetting Approvals to "Yes", Purchase Order rejections and un-approvals will not only remove the approval of the current user, but also remove the approvals of all previous users. Therefore, the correct answer is False.