How Serial Number of the material can be used to track the current status

Hi,
I want to know how we can use the serial number of the materail to track its current status. i;e i just want to enter serial number and system should display its current status, whether the materail has been returned, delivered etc.
Is it possible to know.
Thanks,

VK,
We use serial numbers for tracking purpose. We can track at the document level
Function Module GET_SERNOS_OF_DOCUMENT can be used to retrieve serial numbers corresponding to any of the following documents.
1.  Delivery
2.  Sales order
3.  Material document
4.  Inspection lot
5.  production order
6.  Internal Handling unit
7.  Physical Inventory document
TO see the status of Serial no. you can use Tcode IQ02 - Where the status will be To Stock , From Stock, To Customer, From Customer, Delete Assign to HU, Delete Inv Assign.
Regards
Sathya

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