Stock Items
Stock Items are those stored in the warehouse quantity is tracked. Stock items can be a single unit or a part that make up one complete unit. These can be set up through the Inventory Module's New Item Wizard.
To do so,
- From the Inventory Module, go to Item > New Item. The New Item Wizard will be displayed.
- Select the Stock item type and click Next.The General Information form will be displayed.
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- Provide the Item Name, Description, and all other pertinent details then click Next. The Bin Locations form will be displayed.
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- Assign store or warehouse locations (required) and bin locations (optional) then click Next. The Unit Measure and Category form will be displayed.
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You will need to assign at least one default location.
- A default or base Unit Measure (i.e. Each) will be present. Change or add to the unit measures, then select the item's category and department.
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Click Next. The Costing form will be displayed.
- Set the following:
- Costing Methods and default cost value
- Item Suppliers and each Supplier’s Cost Price
- One priority supplier
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Click Next. The Pricing form will be displayed.
- Set the pricing method and markup percent or value to add to the cost.
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- Click Next, then Finish to exit the wizard.