How to maintain Inventory items

For making an inventory account we first go to the maintain menu and there we will select the inventory items option.

A window will appear .Go to the general tab and fill the blanks required for Item ID and Description. Here the forward arrow is used to check the forward balances and the backward arrow is used to check the previous balances.

When both the fields are filled.Press the ALT and S button at the same time to save the data.

After this fill the requirements accurately.

Price level

Set up the price level accordingly

Item tax type

the tax type of item should be written here.

Last unit cost

The cost of the last unit should be written here.

Cost method

By clicking on the drop down menu button. The suitable method for calculating cost can be chosen here.

UPC

It  stands for “universal price code”. It is that code which is allotted by some organizations.

Item type

Here mention that is your item is fragile or dangerous etc.

Location

Mention the exact location where the goods/inventory is being kept.

Unit measure

Here mention the units in which we measure the inventory e.g. in kilograms, liters  etc

Weight

Mention the weight of inventory here.

                   

               General sales account general inventory account and general cost of sales account .All of these three accounts can be filled by clicking on the drop down menu button next to them.

In the same way fill the fields of minimum stock and reorder level. While PO and SO stands for purchase orders and sales order.

Then click on the Custom Field. The following window will appear as follows:-

In this window those changes which were made in the default customer menu would be seen here.

In the last go the History Tab. The following window will appear as follows .In this window  the history of the accounts can be seen.

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