In the Item Type field select Inventory. The Inventory Item type is used for regular items you purchase. This item type tracks stock quantities.
- Item Types:
- Bundle - The Bundle type is used to enter a group of individual items for sales or purchase transactions. Since this item type groups other inventory item types, it will follow those inventory types for tracking stock. The Bundle Details tab will then be visible to allow you to specify items that are part of the bundle.Can be used for 'Basket' concept of international trading. Basket is a selection of items from which an item will be finally received or sold.
- Inventory - The Inventory Item type is used for regular items you purchase. This item type tracks stock quantities.
- Finished Good - The Finished Good type is used for items which are finished goods of a manufacturing process. This type tracks stock.Similar to Assembly type but has more complex application and can have work in progress stock.
- Non-Inventory - The Non-Inventory type is used for items you purchase like materials or office supplies. This item type does not track stock quantities.Miscellaneous description can be entered in transaction screens for this item type.
- Other Charge - The Other Charge type is used for miscellaneous charges such as setup fees, delivery charges, permits, surcharge, brokerage, rent etc. These charges can be added to inventory cost and can be setup to calculate based on the volume of inventory involved. For example, freight and surcharges on freight for inventory receipt. These appear on Other Charges tab of Inventory Receipt and Shipment. This type does not track stock quantities.
- Raw Material - The Raw Material Type can be used as an ingredient to manufacture, blend, mill or assemble an item. This type tracks stock quantities.Level 4 (Materials) could be used in any formula as an ingredient but could not be a formula (Summit)
- Service - The Service type is used for services which the company provide like consulting, labor, fees, etc. This item type does not track stock quantities.
- Software - This is a non inventory type used to purchase and sell software products.