Wednesday, June 19, 2013

Inventory items:

Inventory items:
Inventory means that the raw material or the finished goods that have in your stock.
To maintain inventory item click on the “MAINTAIN” and the following window will be open.

Here we select the “Inventory items” and click on it and the following will be open.

Here we fill the Item ID, Description and the Item class. The manufacturing and trading company will chose the “Stock Item” in Item class which is shown in the following.


Now we fill the General Information:
Price level means we select the different pricing level.
Last unit cost means we tell about the cost of last unit.
Cost method means select the method such as LIFO, FIFO, and WEIGHTED AVERAGE.
UPC means Universal Price Control.
Item means the nature of item moreover it is perishable, non perishable etc…
Unit/Measure means that the unit measure in the kilogram liters etc.
Weight means the weight of the item.
After that we will tell about the 3 things which is shown in the following.


Here we enter the specific amount to record the information.
Minimum stock show the lowest quantity for a specific product which is shown in the following.




Reorder quantity means it is a quantity of items at which a previous order is placed.
After that we move on the custom fields here we enter the information about the Alternative vendor, substitution, special note and so on which is shown in the following window.

After that we move on last field HISTORY here we enter the #unit sold, sales, # unit received, costs which is shown in the following.










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