How to maintain inventory items

First click on ‘maintain’

Then go on ‘inventory items’

Then we will have maintain inventory window

In maintain inventory items we have different options to add according to our requirement

General

In general window there are

·       Description: in description we will identify the type is it for sale purpose or for purchase purpose.

·       Price level: in prices level we will set the price of our item .

·       Item tax type:

·       Last unit cost: In last unit cost we entre the cost of unit which entre in last

·       Cost method: In cost method option we can  chose ‘lifo’ ‘fifo’ or average mothod.

·       UPC/ SKu: universal price code / stock keeping unit

·       Item type: In item type we include the type of item is it perishable, etc

·       Location: In location we add the exact location of product

·       Unit/measure: This define one unit of measure define

·       Weight: Weight of the item

·       GL sales account

·       GL inventory account

·       GL cost of sales account

·       Quantity available: quantity available for sale

·       Quantity on PQ’: Quantity  of purchase order

·       Preferred vendor id

·       Buyer id

Custom field

In custom field

·       Alternate vendor

·       Substitution

·       Special note

History

In history we can check previous record of vendor.